AI is rapidly reshaping dealership operations, yet most stores are still in early experimentation mode. According to the Cox Automotive...
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Connecting auto finance, risk management & interest rates ahead of Fed’s last policy meeting of year
Tuesday, Dec. 9, 2025, 10:23 AM
COMMENTARY: A dealer's 2026 strategy guide for F&I in the new age of affordability
Monday, Dec. 8, 2025, 09:55 AM
Growing volume of paper booked in Q3 has terms stretching toward 2033
Thursday, Dec. 4, 2025, 10:58 AM
Cutting keys & cutting costs during repossessions and recoveries
Drawing standing-room-only attendance in the second-largest setting at Used Car Week 2025, Ryan Miller led a six-executive panel session that focused on one of the most complex challenges in all of repossessions and recoveries. Now available through this episode of ... Listen Here
Wednesday, Dec. 10, 2025, 04:42 PM
Four experts on automotive & the economy
Used Car Week 2025 again brought together experts who can explain which parts of the economy impact automotive most. This year’s event included views from Laura Wehunt of Black Book, Tim Gill of the American Financial Services Association, T.J. Cox ... Listen Here
Wednesday, Dec. 10, 2025, 04:39 PM
Sponsored Episode: Winning Trade-Ins and Trust – Navigating Today’s Affordability Challenges
Affordability challenges are reshaping the automotive landscape—vehicle prices and payments are at all-time highs and negative equity is on the rise. In this episode, Micah Tindor offers a data-driven conversation with real-world strategies around acquisition tactics and long-term profitability to ... Listen Here
Friday, Dec. 5, 2025, 03:15 PM
Foss retires from Credit Acceptance
Wednesday, Jan. 4, 2017, 09:27 PM
SubPrime Auto Finance News Staff
One of the most noteworthy executives ever to participate in subprime auto financing has retired. Credit Acceptance announced late on Wednesday afternoon that founder Donald Foss, who most recently served as the company’s chairman, has decided to retire as an ... [Read More]
CFPB takes $23M action against TransUnion & Equifax
Wednesday, Jan. 4, 2017, 05:37 PM
SubPrime Auto Finance News Staff
In an action one of the credit bureaus acknowledged through a filing with the Securities and Exchange Commission, the Consumer Financial Protection Bureau confirmed on Tuesday that it took action against Equifax, TransUnion and their subsidiaries for what they regulator ... [Read More]
Resource Hub
Best Practices, Ideas, and Tools for Business
Turn Battery Risk Into Trust: Your Edge in the Used EV Market
Independent battery health certification is the new gold standard for used EV dealerships. The latest AVILOO detect Magazine reveals how...
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How GMs Start Their Day with Mastermind & Make More Deals
Successful General Managers know that how you start the day sets the tone for dealership performance. This checklist outlines the...
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Rising Repos, Shrinking Margins: A Guide to Reduce Collections and Servicing Costs with AI Agents
As delinquencies rise and margins tighten, leading auto lenders use AI agents to cut collections and servicing costs without compromising...
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Out-of-State Titling: 12 Steps Every Title Clerk Should Follow (The Easy Way)
Out-of-state titling isn’t easy. With every state having different DMV requirements, document packets, and deadlines, it’s easy for mistakes to...
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Free Guide: How Smart Dealers Can Profit from Customer Car Insurance
Turn Customer Auto Insurance into Dealership Profit If you're not profiting from auto insurance in your dealership, now’s the time...
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Go In-House With Your Photos
Your Photo Vendor Didn’t Show Up Again? Let’s Fix That. Stop relying on vendors and start owning your inventory. This...
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The Auto Dealer’s Complete Checklist for Evaluating AI
The Auto Dealer’s Complete Checklist for Evaluating AI highlights key questions dealership leaders should ask technology partners during the selection...
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Industry notes: Updates from Reynolds, U Drive Acceptance & FICO
Wednesday, Jan. 4, 2017, 05:35 PM
SubPrime Auto Finance News Staff
Before the year closed, Reynolds and Reynolds added to its collection of libraries of standardized, legally reviewed finance and insurance (F&I) documents for dealers while a subprime finance company serving the Midwest — U Drive Acceptance — moved into new ... [Read More]
Ally set to finance $600M in Carvana contracts
Wednesday, Jan. 4, 2017, 03:19 PM
SubPrime Auto Finance News Staff
Nearly a year after doubling the floor plan credit line for online retailer Carvana, Ally Financial announced a new agreement with the company on Wednesday where the finance company will make up to $600 million available to Carvana during the ... [Read More]
Auto finance news you might have missed to close 2016
Tuesday, Jan. 3, 2017, 04:14 PM
SubPrime Auto Finance News Staff
With the staff at SubPrime Auto Finance News fresh for 2017, we gathered up some noteworthy announcements that arrived while we celebrated the close of a great year with family and friends. Among some of the highlights that came during ... [Read More]
3 more views of what Fed rate hike & forecast mean
Friday, Dec. 16, 2016, 03:17 PM
Nick Zulovich, Senior Editor
Three economists who regularly share their assessments with SubPrime Auto Finance News dissected the Federal Reserve’s actions this week, which at the conclusion of the regularly scheduled Federal Open Market Committee meeting included the raising of the federal funds rate ... [Read More]
Equifax adds income & employment verifications into dealer service finance platforms
Thursday, Dec. 15, 2016, 03:04 PM
SubPrime Auto Finance News Staff
Equifax announced on Thursday that it is powering a new solution designed to help dealerships to verify a potential buyer’s stated income and employment. The solution is fueled by accessing The Work Number, a database of employer-provided income and employment ... [Read More]
Why delinquencies could reach 1.4% in 2017
Wednesday, Dec. 14, 2016, 04:36 PM
Nick Zulovich, Senior Editor
Casual observers might panic when they see TransUnion’s expectations for 2016 to close with a 7.0 percent year-over-year increase in the 60-day delinquency rate along with that reading set to approach the highest level in eight years by the time ... [Read More]
EFG & Northwood highlight F&I Innovator of the Year winner
Wednesday, Dec. 14, 2016, 04:34 PM
SubPrime Auto Finance News Staff
EFG Companies and Northwood University on Wednesday announced the selection of Team Vigilance as the winner of the 2016 F&I Innovator of the Year Award competition and the recipient of $25,000. Competition orchestrators highlighted that Team Vigilance utilized its millennial ... [Read More]
Considering what 25 bps interest rate uptick does to subprime activity
Tuesday, Dec. 13, 2016, 04:33 PM
Nick Zulovich, Senior Editor
Comerica Bank explained why it continues to expect the Federal Reserve to increase the effective range of the Fed funds rate by 25 basis points on Wednesday. Analysts indicated the Fed funds futures market placed an implied probability of 97.2 ... [Read More]
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