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SPONSORED EPISODE: Allied Solutions explains why origination is episodic, but servicing is continuous
John Elias, sales specialist in auto finance business development for Allied Solutions, is back as the guest for another sponsored episode of the Auto Remarketing Podcast. Elias explains why current market conditions, affordability pressures and changing vehicle values are combining ... Listen Here
Additional insight into FTC’s move involving disparate impact from Hudson Cook
The Federal Trade Commission recently announced it will not pursue claims based on disparate-impact or “unfair discrimination” theories. In this episode of the Auto Remarketing Podcast, Hudson Cook partners Erica Kramer and Rob Tilley offered some historical perspectives and a ... Listen Here
Deeper dive into rising LTVs with TransUnion’s Satyan Merchant
One of the notable findings from TransUnion’s Q2 2026 Credit Industry Insights Report (CIIR) was how much loan-to-value ratios have changed in the past five years. Satyan Merchant, one of this year’s Automotive Intelligence Award recipients and senior vice president ... Listen Here

Ally doubles Carvana’s floor plan

Carvana vending-machine-share for SPN
SubPrime Auto Finance News Staff
Online retailer Carvana now has more capacity to secure inventory for the company's unique vehicle vending machines. Ally Financial on Monday extended its financing relationship with Carvana, increasing the retailer’s floor plan credit line from $60 million to $125 million. Executives ... [Read More]

4 new features of GrooveCar’s shopping website

online car shopping
SubPrime Auto Finance News Staff
GrooveCar’s vehicle buying resource for credit unions recently launched its new website. Officials highlighted The Everything Automotive platform has a brand new look combined with valuable features to improve the member experience throughout the shopping process. New features incorporated into ... [Read More]

5 factors pointing to possible credit squeeze

bank pic
Nick Zulovich, Editor
Without being too much of an alarmist, Cox Automotive economist Tom Webb asked a question that perhaps auto finance company executives are pondering as well: Are financial markets pointing to credit contraction? Webb delved into the topic as a part ... [Read More]

Ally maintains value of used-car portfolio

used car grill
Nick Zulovich, Editor
Ally Financial reported that $14.8 billion of its $41 billion in total auto financing originations in 2015 stemmed from installment contracts for used vehicles. The figure marked a rise of $3.1 billion year-over-year. Chief executive officer Jeffrey Brown reiterated why ... [Read More]

3 tips to help F&I managers avoid burnout

more training
SubPrime Auto Finance News Staff
SubPrime 125 honoree Auto Credit Express shared a blog post this week with three suggestions for dealerships to help their F&I managers since they fill such a critical role in moving metal. Billed as a way to keep these managers ... [Read More]

CFPB acknowledges key point in TMCC settlement

gavel and documents
Nick Zulovich, Editor
Both the Department of Justice and the Consumer Financial Protection Bureau sent out press releases on Tuesday afternoon reporting the settlement the agencies made to resolve allegations that Toyota Motor Credit engaged in a pattern or practice of discrimination against African-American ... [Read More]

Elements in place to keep terms long

sales agreement 3
Nick Zulovich, Editor
Kelley Blue Book estimated the average transaction price (ATP) for new vehicles in the United States climbed to $34,112 in January, representing an increase of $919 or 2.8 percent year-over-year. To keep that metal moving out of dealership inventory and ... [Read More]

3 benefits of Scan123, Auto/Mate integration

hands typing on keyboard
SubPrime Auto Finance News Staff
This week, Scan123 announced the integration of its electronic document management system with Auto/Mate Dealership Systems. Officials said the integration can help dealers transition to a paperless environment, streamline workflow and help them to comply with federal law. “Integrating our system ... [Read More]

Toyota’s captive faces markup cap, $21.9M in restitution

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Nick Zulovich, Editor
Some components of Toyota Motor Credit’s settlement with the Department of Justice and the Consumer Financial Protection Bureau released on Tuesday are similar to what the regulators reached with American Honda Finance last summer. The Justice Department and the CFPB ... [Read More]

Nominations sought for The CEO Issue

SubPrime_CEOIssue-01
SubPrime Auto Finance News Staff
Chief executive officers flourishing in the subprime auto finance space juggle a host of responsibilities. They develop sensible strategies and lead teams to execute those plans, all the while remaining competitive and compliant with growing regulatory burdens. In an effort ... [Read More]

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