Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
This Month's Focus

Artificial Intelligence
Presented by
EY study shows Canadians still cautious about AI but using it more for everyday activities
Monday, May. 11, 2026, 03:00 PM
This artificial intelligence is pretty smart, eh? That sentiment might be held by at least some Canadians who are already embedding AI into everyday decisions, often in ways that extend beyond simple assistance into early autonomy, even while concerns about ... Read More
Carfluent’s new AI tool helps dealerships beat aggregators in searches
Monday, May. 11, 2026, 09:51 AM
A growing percentage of consumers now use artificial intelligence as what marketplace Cars.com describes as a “trusted co-pilot” in their search for a vehicle to purchase. Meanwhile, other studies suggest that dealership websites are not visible to many of those ... Read More
ChatGPT app represents the latest step in CarMax’s ongoing AI evolution
Monday, May. 11, 2026, 09:45 AM
Yes, it’s AI — everyone’s favorite buzzword. But when it comes down to it, artificial intelligence is only part of what CarMax’s new ChatGPT app is all about. The company billed as the nation’s largest used-car retailer touted the app, ... Read More
Tiger Okeley describes what it’s like for BHPH dealers during another turbulent year
Tuesday, May. 12, 2026, 01:47 PM
Tiger Okeley is the executive board member of Oak Motors, a buy-here, pay-here dealership that’s been in business for more than 40 years in central Indiana. Having seen boom times, recessions, and more, Okeley shared his insight to help owners ... Listen Here
SPONSORED EPISODE: Know your Buyer & Grow your Lot
Tuesday, May. 12, 2026, 09:20 AM
In this insightful episode of the Auto Remarketing Podcast, Auto Trader and KBB executives Elizabeth Stegall and David Lumpkin share findings gleaned from Cox Automotive’s unique research into shoppers who buy from Independent Dealers. Learn how shifting buyer expectations connect ... Listen Here
FICO’s Shams Blanc on lenders sharpening underwriting & more
Wednesday, Apr. 29, 2026, 03:54 PM
Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here

WeGoLook and IFS Partner to Streamline Financing and Purchasing Process Online

technology
Monday, Nov. 24, 2014, 04:23 PM
SubPrime Auto Finance News Staff
WeGoLook and Innovative Funding Services (IFS) recently launched their new partnership designed to assist buyers with auto financing and warranties through WeGoLook’s partner services — which can equip consumers with resources for completing their entire vehicle purchase online. The companies ... [Read More]

Subprime Delinquencies Still in ‘Healthy’ Range

money 3
Monday, Nov. 24, 2014, 04:16 PM
SubPrime Auto Finance News Staff
TransUnion explained why a rise in delinquencies within the subprime segment of the auto financing market reflects a “healthy” condition. Analysts indicated the subprime delinquency rate — those consumers with a VantageScore 3.0 credit score lower than 601 — increased ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
Read More

The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
Read More

Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
Read More

Dealer Playbook: 5 Takeaways for Auto Retailers Using AI

The May issue of Auto Remarketing — “Shifting Gears: AI’s Role in Retail Automotive” — explores how top auto retailers...
Read More

How TO Maximize Your Digital Sales!

How much revenue is slipping through the cracks in your digital sales process? Our latest guide reveals the most common...
Read More

Loan Origination Automation Guidelines for Modern Lenders

Lenders are under pressure to move faster, handle higher volumes, and reduce manual tasks. Automation can help, but only if...
Read More

Turn Service Visits Into Sales Growth: A GM’s Checklist

Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
Read More

TFS Completes 1 Millionth eContract

toyota-prius
Friday, Nov. 21, 2014, 04:49 PM
SubPrime Auto Finance News Staff
Toyota Financial Services recently celebrated its 1 millionth eContract, an accomplishment that company officials believe to have demonstrated the success of this pioneering auto financing process. In January of last year, TFS introduced an electronic contract (eContracting) system for its ... [Read More]

2 More F&I Vets Pass Difficult AFIP Tests

hands shaking 1
Friday, Nov. 21, 2014, 04:47 PM
SubPrime Auto Finance News Staff
An owner of an industry service provider as well as a veteran dealership manager recently achieved great success in examinations orchestrated by the Association of Finance & Insurance Professionals. Joining the ranks of a handful of professionals who have advanced ... [Read More]

Q3 Delinquencies Rise Due in Part to More Subprime Paper

earnings report
Friday, Nov. 21, 2014, 04:44 PM
SubPrime Auto Finance News Staff
More subprime paper in finance company portfolios nowadays is continuing to push delinquencies higher. Experian Automotive determined both 30- and 60-day auto loan delinquencies climbed during the third quarter of 2014. According to its latest State of the Automotive Finance ... [Read More]

Veros Credit Surpasses $1B in Loan Originations

money 4
Wednesday, Nov. 19, 2014, 03:20 PM
SubPrime Auto Finance News Staff
Veros Credit and its affiliates recently surpassed the $1 billion milestone in loan originations.  Veros Credit’s recent expansion, coupled with a storied history of originating loans in California, Arizona and Nevada, helped the company hit this new mark. As part ... [Read More]

S&P/Experian: Rising Sales Pushes Default Uptick Drift

debt collection pic
Wednesday, Nov. 19, 2014, 03:19 PM
SubPrime Auto Finance News Staff
The upward drift surfacing in the auto loan segment of the S&P/Experian Consumer Credit Default Indices is now six months old, but analysts are attributing the movement to the amount of metal moving out of showrooms and paper filling finance ... [Read More]

New AFSA Study Refutes CFPB Allegations

pen and bar graphs
Wednesday, Nov. 19, 2014, 02:20 PM
SubPrime Auto Finance News Staff
Through findings applauded by the National Automobile Dealers Association, the American Financial Services Association offered its latest rebuttal this morning to contentions by the Consumer Financial Protection Bureau about problems with the indirect auto financing process. A comprehensive study commissioned ... [Read More]

NextGear Capital Closes $433M Securitization

money 1
Monday, Nov. 17, 2014, 04:34 PM
SubPrime Auto Finance News Staff
NextGear Capital recently announced that NextGear Floorplan Master Owner Trust successfully completed the sale of $433.333 million of privately placed 144A Asset-Backed Notes, Series 2014-1. Rated by Moody's and DBRS, the securitization transaction included the issuance of $400 million of ... [Read More]

Westlake Adding Dallas Facility, Former Toyota Exec

Dallas,_Texas_Skyline
Monday, Nov. 17, 2014, 04:32 PM
SubPrime Auto Finance News Staff
Along with expanding its senior executive team, Westlake Financial Services recently highlighted plans to open a new production center in Dallas in January. Westlake indicated the new production center will serve as a facility to provide improved servicing for current ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X