Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
Listen Here
More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here
Lenders, forwarders & agents discuss repo bottlenecks
Wednesday, Jan. 28, 2026, 07:16 PM
In another of the Used Car Week 2025 panel discussions focused on repossessions and recoveries, AutoSquared.ai co-founder Bahador Rahimi led a conversation that included lenders, forwarders and agents. The group exchanged ideas about how industry firms can smooth the bottlenecks ... Listen Here

Supreme Software Now Supports F&I Express eContracting Platform

ipad highway concept 1
Wednesday, Jun. 25, 2014, 03:50 PM
SubPrime Auto Finance News Staff
Extending a string of recent business developments, F&I Express finalized a strategic partnership on Tuesday with Supreme Software — The Dealership Tracker. The alignment formed integration creating a network that offers more than 60 providers that Supreme Software dealerships may ... [Read More]

Credit Acceptance Extends Revolving Secured Facility

money 1
Wednesday, Jun. 25, 2014, 03:49 PM
SubPrime Auto Finance News Staff
Earlier this week, Credit Acceptance Corp. announced that it extended the maturity of its credit facility with a commercial bank syndicate from June 23, 2016 to June 23, 2017.  The company indicated there were no material changes to the terms ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

The Dealer’s Guide to Smarter GPS Tracking

A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
Read More

Used Car Turn Vendor Management Checklist

Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
Read More

March Subprime Vehicle Loans Total $13.1B

graph concept 3
Wednesday, Jun. 25, 2014, 03:47 PM
Nick Zulovich, Editor
Equifax determined the total dollar amount for subprime vehicle financing originated in March surged higher than any single month going back seven years. Credit bureau analysts found that subprime auto loans in March came in at $13.1 billion, marking an ... [Read More]

Ally Gives $11K in Honor of TIME Dealer of the Year Winner

Ally and dealer for SPN
Monday, Jun. 23, 2014, 03:29 PM
SubPrime Auto Finance News Staff
Ally Financial recently honored Jeff Teague of Teague Auto Group as the winner of the 2014 TIME Dealer of the Year award and presented a charitable grant to support his efforts in the local community. Ally executives were on hand ... [Read More]

CU Xpress Lease Partners With Peoples Credit Union

hands shaking 1
Monday, Jun. 23, 2014, 03:27 PM
SubPrime Auto Finance News Staff
CU Xpress Lease, part of the GrooveCar family of brands, recently formed a partnership with Peoples Credit Union, which will be offering vehicle leasing in Broward and Palm Beach counties in south Florida. Peoples chief executive officer Jeffrey Miller explained ... [Read More]

CarMax’s Special Subprime Portfolio Nears $30M

CarMax pic for SPN
Monday, Jun. 23, 2014, 03:21 PM
Nick Zulovich, Editor
During the first quarter of its 2015 fiscal year, CarMax Auto Finance originated $20.5 million of loans — representing 0.8 percent of retail unit sales for the timeframe — through its program for customers who typically would be financed by ... [Read More]

CPS Outlines $202.5M Securitization

money 3
Friday, Jun. 20, 2014, 04:26 PM
SubPrime Auto Finance News Staff
This week, Consumer Portfolio Services announced the closing of its second term securitization of the year. The company highlighted the transaction is CPS’ first senior subordinate securitization to receive a triple A rating on the senior class of notes. In ... [Read More]

Equifax, NIADA Execs Discuss Subprime Credit Availability

money car
Friday, Jun. 20, 2014, 04:16 PM
SubPrime Auto Finance News Staff
Equifax shared some details of a recent conversation the credit bureau had with the National Independent Automobile Dealers Association leading up to NIADA’s annual convention in Las Vegas. They touched on a wide array of issues, including access to financing ... [Read More]

Toyota Financial Services Enhances Military Rebate Program

2011 Toyota Tacoma
Friday, Jun. 20, 2014, 04:13 PM
SubPrime Auto Finance News Staff
Toyota Financial Services and Lexus Financial Services expanded of their longstanding military rebate program this week. Officials highlighted they now offer a $500 rebate on all new Toyota and Scion vehicles, and a $750 rebate on all new and certified ... [Read More]

CFPB Discrimination Settlement Questioned by Lawmaker

McHenry at june 18 hearing for SPN
Friday, Jun. 20, 2014, 04:11 PM
By Nick Zulovich, Editor
As two more individuals testified this week alleging discrimination at the Consumer Financial Protection Bureau, Rep. Patrick McHenry and CFPB director Richard Cordray clashed over how a current bureau employee received settlements to satisfy claims. Corday acknowledged the CFPB resolved ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X