Chip Perry & Dom Pope of sellmyride
Chip Perry, founding president and CEO of Autotrader and former CEO of TrueCar, has a new role: chairman of sellmyride, a startup seeking to help dealers source inventory from private sellers. Perry and sellmyride founder and president Dom Pope join ... Listen Here
Friday, Sep. 26, 2025, 03:08 PM
A Look Back at Last Two Decades of the Used-Car Industry in Canada
In the grand finale of our podcast episodes from Canada’s Used Car Week in June, conference chair and Cherokee Media Group president Bill Zadeits is joined by Brad Hart and Peter Snoyer on a panel celebrating 20th anniversary of the ... Listen Here
Thursday, Sep. 18, 2025, 02:32 PM
SPONSORED EPISODE: AI & Big Data Deliver Significant Improvements to Inventory Management
In this sponsored episode of the Auto Remarketing Podcast, Merritt Critcher, Director of Product Management with CDK speaks with Bill Zadeits about the newest trends and potential for AI and big data to meet and exceed the inventory management needs ... Listen Here
Thursday, Sep. 11, 2025, 04:33 PM
2 reasons why residuals should be used for underwriting
Monday, Sep. 21, 2015, 09:11 PM
SubPrime Auto Finance News Staff
Perhaps while finance companies consider changes to underwriting practices as the fourth quarter approaches, Black Book’s latest white paper shows how executives and managers should be using collateral and residual values in the underwriting process. Black Book highlighted that the ... [Read More]
W.Va dealer group settles another FTC lawsuit for $80K
Monday, Sep. 21, 2015, 03:36 PM
SubPrime Auto Finance News Staff
A West Virginia franchised dealer group again found itself involved in a regulatory matter with the Federal Trade Commission. Ramey Motors recently agreed to pay an $80,000 civil penalty to settle a lawsuit the FTC brought last year. The FTC ... [Read More]
CPS finalizes $300M securitization; third one of 2015
Monday, Sep. 21, 2015, 03:33 PM
SubPrime Auto Finance News Staff
Consumer Portfolio Services recently closed its third term securitization of the year. The company pointed out the transaction is CPS’ 18th senior subordinate securitization since the beginning of 2011 and the first securitization to receive a triple-A rating on the ... [Read More]
GWC Warranty launches 2 new products
Monday, Sep. 21, 2015, 03:21 PM
SubPrime Auto Finance News Staff
GWC Warranty bolstered its offerings of vehicle service contracts and related finance and insurance products by recently introducing a new 5-year, 100,000-mile used model coverage term length and a Service Lane product. Based on input from dealers across the country, ... [Read More]
Another rate pass by Fed; 2 experts discuss future ramifications
Friday, Sep. 18, 2015, 03:58 PM
Nick Zulovich, Editor
Perhaps what Equifax chief economist Amy Crews Cutts shared about the thinking of most observers means the Federal Reserve will deliver finance companies the gift of an interest rate adjustment a little more than a week before Christmas. With the ... [Read More]
NADA’s new online campaign to highlight F&I work
Friday, Sep. 18, 2015, 03:55 PM
SubPrime Auto Finance News Staff
In a move to highlight the important work being completed by F&I offices at franchised dealerships, the National Automobile Dealers Association rolled out an online campaign this week to tell stories of consumers who saved money by financing new-vehicle purchases ... [Read More]
Despite some tighter underwriting subprime to see ‘new entrants’
Thursday, Sep. 17, 2015, 02:07 PM
SubPrime Auto Finance News Staff
Perhaps underwriting standards aren’t quite as relaxed now as they might have a been a few quarters ago, but Fitch Ratings still is expecting to see “new entrants” into subprime auto financing during the near term. Along with touching on ... [Read More]
The ‘real’ question about potential interest rate rise
Wednesday, Sep. 16, 2015, 03:47 PM
SubPrime Auto Finance News Staff
Even one of the experts who specializes in the certified pre-owned vehicle market and is set to appear at Used Car Week for the fifth year in a row joined the discussion about what moves the Federal Reserve might make ... [Read More]
CFPB receives 8 federal recommendations for complaint database
Wednesday, Sep. 16, 2015, 03:43 PM
SubPrime Auto Finance News Staff
Multiple industry associations disagree with how the Consumer Financial Protection Bureau orchestrates its complaint database. Now a top federal examiner whose primary responsibility is “to detect and deter waste, fraud and abuse,” according to its own website, is questioning how ... [Read More]
BillingTree bolsters business development team
Wednesday, Sep. 16, 2015, 03:41 PM
SubPrime Auto Finance News Staff
BillingTree hired a director of new business development on Tuesday to focus on extending access to the company’s payment services and solutions to broader markets and industries, including auto finance. Taking on this post is Greg Mallin, whose position was ... [Read More]
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