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
Westlake offers 7 details regarding agreement with CFPB
Friday, Oct. 2, 2015, 03:43 PM
SubPrime Auto Finance News Staff
Westlake Financial Services made public statements late Thursday after the Consumer Financial Protection Bureau penalized the subprime auto finance company and its auto title lending subsidiary Wilshire Consumer Credit for pressuring borrowers using what the regulator deemed to be illegal ... [Read More]
CFPB action against Westlake tops $44M
Thursday, Oct. 1, 2015, 07:40 PM
SubPrime Auto Finance News Staff
The second significant Consumer Financial Protection Bureau enforcement action of the week in the auto finance space hit one of the largest players in the subprime market — Westlake Financial Services. On Thursday, CFPB punished Westlake and its auto title ... [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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House lawmakers pepper Cordray over dealer reserve
Wednesday, Sep. 30, 2015, 03:59 PM
Nick Zulovich, Editor
Two of U.S. House membesr who are two of staunchest defenders of dealers and how the indirect auto financing model currently operates — one that still includes dealer reserve — peppered the director of the Consumer Financial Protection Bureau who ... [Read More]
Westlake expanding workforce in Dallas
Wednesday, Sep. 30, 2015, 03:57 PM
SubPrime Auto Finance News Staff
Westlake Financial Services shared its plans this week to expand its servicing team at the WFS Production Center in Dallas. Since its inception back in January, the company highlighted this facility has increased support for Westlake’s dealer partners, providing them with ... [Read More]
AmTrust Financial Services closes acquisition of Warranty Solutions
Wednesday, Sep. 30, 2015, 03:55 PM
SubPrime Auto Finance News Staff
AmTrust Financial Services recently completed of the acquisition of Warranty Solutions from Wells Fargo & Co. for approximately $158 million in cash. Officials indicated the transaction is expected to be immediately accretive, meaning it will add more value than the ... [Read More]
Fifth Third Bank ordered to pay $18M, reduce mark-up to 1.25% or less
Monday, Sep. 28, 2015, 06:48 PM
SubPrime Auto Finance News Staff
First Ally Financial, then American Honda Finance Corp., and on Monday, the Consumer Financial Protection Bureau added Fifth Third Bank to its list of recipients of multi-million-dollar actions for what the regulators determined to be discrimination in vehicle financing. As ... [Read More]
3 questions about legal action involving SCUSA & GAP coverage
Monday, Sep. 28, 2015, 03:33 PM
SubPrime Auto Finance News Staff
FNI’s David Bafumo dissected a class action complaint involving Santander Consumer USA filed in the U.S. District Court for the Northern District of Illinois (Eastern Division) and uncovered three important questions that might impact other auto finance companies. To recap, ... [Read More]
CreditMiner gains bureau global reseller status
Monday, Sep. 28, 2015, 03:24 PM
SubPrime Auto Finance News Staff
CreditMiner announced that it has acquired full global reseller status with all three major credit bureaus, allowing for what the service provider called a “seamless” transition from a soft bureau transaction to a full application within its software platform. Ahead ... [Read More]
GrooveCar partners with DataOne Software to enhance buying resource
Monday, Sep. 28, 2015, 03:23 PM
SubPrime Auto Finance News Staff
GrooveCar, a vehicle-buying resource for the credit union industry, recently formed a strategic partnership with DataOne Software to integrate real-time vehicle information within GrooveCar’s all new Everything Automotive Auto Buying Resource. Because of the partnership, GrooveCar is looking to launch ... [Read More]
CarMax Auto Finance not wary of being under CFPB jurisdiction
Friday, Sep. 25, 2015, 03:44 PM
Nick Zulovich, Editor
On the day CarMax Auto Finance completed the second quarter of its current fiscal year with a 6.2-percent increase in net income, the financing arm for the used-vehicle retailer came within the jurisdiction of the Consumer Financial Protection Bureau thanks ... [Read More]
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