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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
SPONSORED EPISODE: AI & Big Data Deliver Significant Improvements to Inventory Management
Thursday, Sep. 11, 2025, 04:33 PM
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

Report: Franchised Dealers Spent $3.2B on Compliance in 2012

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Friday, May. 30, 2014, 03:31 PM
SubPrime Auto Finance News Staff
Here are more numbers showing just how much of a bite regulatory compliance is taking out of franchised dealers’ profitability apple — especially for what it takes to legally operate the F&I office. A new report released by the Center ... [Read More]

NAF Association Survey: Competition Clearly Intensifies

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Friday, May. 30, 2014, 03:29 PM
SubPrime Auto Finance News Staff
The National Automotive Finance Association released the results of its revamped invitation-only member survey this week during its 18th annual Non-Prime Auto Financing Conference. While the survey asked the 22 participating finance companies to complete questions about originations, marketing and ... [Read More]

CPS to Pay $5.5M to Settle FTC Charges

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Thursday, May. 29, 2014, 08:35 PM
SubPrime Auto Finance News Staff
The Federal Trade Commission said Thursday that Consumer Portfolio Services will pay more than $5.5 million to settle charges that the subprime auto finance company used “illegal tactics” to service and collect consumers’ loans, including collecting money consumers did not ... [Read More]

Credit Scores for Retired Military Buyers at Highest Point in 3 Years

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Wednesday, May. 28, 2014, 02:47 PM
SubPrime Auto Finance News Staff
CNW Research indicated vehicle financing approvals for subprime buyers are down a bit this month compared to a year ago but are up slightly compared to April. The latest edition of the firm’s Retail Automotive Summary showed subprime approvals are ... [Read More]

The Next Up Extends Solution into Finance Office

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Wednesday, May. 28, 2014, 02:45 PM
SubPrime Auto Finance News Staff
The Next Up, a retail sales process aimed at improving dealership sales, announced the extension of The Next Up Web-based system to include applications for a dealership’s finance and service departments. Designed to create added accountability in the finance and ... [Read More]

Hackett Now Sharing Insights to Enhance Compliance

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Wednesday, May. 28, 2014, 02:40 PM
Nick Zulovich, Editor
Finance company compliance departments as well as legal counsel to trade and dealer associations are still sorting through the ramifications of the indirect auto lending and compliance bulletin the Consumer Financial Protection Bureau sent out more than a year ago. ... [Read More]

Exeter Finance Announces $500M Securitization

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Thursday, May. 22, 2014, 07:28 AM
SubPrime Auto Finance News
Exeter Finance Corp. announced this week that EFCAR — a special purpose Delaware limited liability company and wholly owned subsidiary of the Exeter — priced $500 million in aggregate principal amount Series 2014-2 automobile receivable backed notes. The company indicated ... [Read More]

Subpoenaed CFPB Witnesses Testify to House Subcommittee

Patrick McHenry pic for SPN
Thursday, May. 22, 2014, 07:24 AM
SubPrime Auto Finance News Staff
As part of its ongoing investigation into allegations of racial and gender discrimination and employee retaliation at the Consumer Financial Protection Bureau, the U.S. House Financial Services Oversight and Investigations Subcommittee this week heard testimony from witnesses who were subpoenaed ... [Read More]

S&P/Experian: Auto Defaults Dip to New Low

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Wednesday, May. 21, 2014, 05:31 AM
SubPrime Auto Finance News Staff
Chalk it up to prudent underwriting or an economy gaining some collective stream, but the auto portion of the S&P/Experian Consumer Credit Default Indices is at its lowest point ever. Data through April released by S&P Dow Jones Indices and ... [Read More]

White Clarke Group and NADA UCG Form Strategic Alliance

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Wednesday, May. 21, 2014, 05:28 AM
SubPrime Auto Finance News Staff
White Clarke Group, a supplier in automotive and asset finance technology, formed a strategic alliance this week with NADA Used Car Guide to provide integrated, automated vehicle valuations within its online credit application system, CALMS2.  Jonathan Dodds, chief executive officer ... [Read More]
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