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The Future of EVs & More From the OEM Lens
Tuesday, Sep. 30, 2025, 07:38 PM
Laurie Harbour is a partner at Wipfli, a top 25 accounting and advisory firm, and works with automakers and suppliers on how to adjust to changing winds of automotive. Harbour joins the Auto Remarketing Podcast to discuss how automakers are ... Listen Here
Chip Perry & Dom Pope of sellmyride
Friday, Sep. 26, 2025, 03:08 PM
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
A Look Back at Last Two Decades of the Used-Car Industry in Canada
Thursday, Sep. 18, 2025, 02:32 PM
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

Equifax enhances lost sales tool with Black Book data

sales increase arrorw
Wednesday, Aug. 26, 2015, 02:38 PM
SubPrime Auto Finance News Staff
Finance companies wondering about which competitors are booking the deals they believe they should be originating now can tap an enhanced solution to find answers. Through a partnership with Black Book, Equifax on Wednesday introduced new features to its Lost ... [Read More]

CFPB complaint total surpasses 677K

cordray pic for SPN
Tuesday, Aug. 25, 2015, 06:19 PM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau released its monthly consumer complaints snapshot report on Tuesday, drilling down into a pair of topics. Those spotlight subjects included credit reporting and the city of Los Angeles. As of Aug. 1, the CFPB reported that ... [Read More]

Subprime impact on financing at franchised stores

subprime clouds
Monday, Aug. 24, 2015, 03:40 PM
Nick Zulovich, Editor
Analysis compiled by Edmunds.com of used-vehicle financing activity during the second quarter at franchised dealerships turned up more evidence of the fuel igniting record-setting growth. According to the site’s latest Used Vehicle Market Report, the average amount financed moved 3 ... [Read More]

eLEND Solutions enhances tool for prequalification

credit score image
Monday, Aug. 24, 2015, 03:37 PM
SubPrime Auto Finance News Staff
Officials from eLEND Solutions recently unveiled an upgrade to the company’s CreditPlus solution that’s being dubbed, “Get Prequalified in Seconds.” The technology provider explained that this enhancement to CreditPlus can give dealers an online instant prequalification lending solution to elevate ... [Read More]

PayLink Payment Plans connects to F&I Express

binary & electricity
Monday, Aug. 24, 2015, 03:35 PM
SubPrime Auto Finance News Staff
F&I Express recently added PayLink Payment Plans to its online network of aftermarket F&I product providers. Officials explained that F&I Express has aggregated aftermarket insurance provider product information online to make the automotive retail F&I process more efficient for dealers ... [Read More]

Top 20 grossing vehicles for 3 different subprime credit tiers

Chevy Cruze
Friday, Aug. 21, 2015, 02:48 PM
SubPrime Auto Finance News Staff
Special finance software solution provider ProMax Unlimited reviewed dealership data from July and compiled the top 20 highest grossing vehicles in three different subprime credit tiers.  The three lists should be especially helpful for dealerships and finance companies that originate ... [Read More]

NextGear Capital to add 200 workers, invest close to $51M

hand building
Friday, Aug. 21, 2015, 02:45 PM
SubPrime Auto Finance News Staff
NextGear Capital announced a series of strategic moves this week to enhance its resources for dealers, including plans to add up to 200 new jobs by 2018. The company also intends to make substantial investments exceeding $50.88 million to lease ... [Read More]

Vanguard Dealer Services partners with private equity firm

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Friday, Aug. 21, 2015, 02:40 PM
SubPrime Auto Finance News Staff
Vanguard Dealer Services — an agent and administrator of F&I products and services to franchised dealers nationwide — formed a partnership this week with Southfield Capital, a lower middle market private equity firm. Officials indicated Vanguard's senior management, including chief ... [Read More]

Reynolds & MADA unveil Maryland F&I library

hand using tablet 2
Friday, Aug. 21, 2015, 02:38 PM
SubPrime Auto Finance News Staff
Reynolds Document Services, a part of Reynolds and Reynolds, joined forces with the Maryland Automobile Dealers Association (MADA) this week to establish the Reynolds LAW Maryland F&I Library. The library is a comprehensive catalog of standardized, legally reviewed F&I documents ... [Read More]

Q2 delinquencies drop to lowest level in 2 years

sales agreement 3
Wednesday, Aug. 19, 2015, 04:36 PM
SubPrime Auto Finance News Staff
A day after the latest auto loan default data showed only marginal movement, TransUnion reported on Wednesday that its information shows the national auto loan delinquency rate declined to its lowest level in two years. TransUnion’s auto delinquency rate — ... [Read More]
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