NAF Association installs new board leadership to finish successful 30th annual conference
Friday, Jun. 5, 2026, 10:24 AM
Santander reaches settlement with NY regulator over fees associated with payment extensions
Friday, Jun. 5, 2026, 10:14 AM
APCO Holdings gets back into acquisition mode with Georgia on its mind
Thursday, Jun. 4, 2026, 09:26 AM
This Month's Focus
Artificial Intelligence
COMMENTARY: Inventory acquisition in the AI age
Friday, May. 29, 2026, 01:00 PM
AI at car dealerships: a ‘crawl, walk, run’ evolution with data at foundation
Friday, May. 29, 2026, 11:54 AM
Marketing for car dealerships in the age of AI
Wednesday, May. 27, 2026, 11:34 AM
Forming the Transport Queens with Amber Gosney of SYCN Auto Logistics
Listen Here
Tuesday, Jun. 2, 2026, 01:30 PM
PODCAST: Autonomous vehicles & the used-car market with Peter Janczewski of Draiver
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. To get a better understanding of how autonomous technology ... Listen Here
Tuesday, Jun. 2, 2026, 01:23 PM
SPONSORED EPISODE: The new definition of value in used-car retailing and the role of compliance
For this special sponsored episode of the Auto Remarketing Podcast, GWC Warranty senior vice president and managing director James Virgoe shared some of his personal experiences of buying a vehicle earlier this year to illustrate how the definition of “value” ... Listen Here
Tuesday, Jun. 2, 2026, 12:47 PM
Current Auto Loan Balances Reach New High at $884B
Wednesday, Jun. 4, 2014, 03:13 PM
SubPrime Auto Finance News Staff
Driven in part by the increasing retail price for vehicles, the latest Equifax National Consumer Credit Trends Report showed the total outstanding balance of current auto loans reached a new record high in April. Equifax determined outstanding balances closed April ... [Read More]
Former Ally Financial Legal Counsel Joins BuckleySandler
Monday, Jun. 2, 2014, 03:49 PM
SubPrime Auto Finance News Staff
Financial services and criminal and civil enforcement defense law firm BuckleySandler recently added the former legal counsel with Ally Financial to its stable of attorneys. Joining the firm as a counsel in its Washington, D.C., office is Marshall Turner Bell. ... [Read More]
5 Tips to Help Buyers During Financing Process
Monday, Jun. 2, 2014, 03:47 PM
SubPrime Auto Finance News
In an effort to provide dealers and F&I managers with more educational material so buyers can make better decisions, Americans Well-informed on Automobile Retailing Economics (AWARE) offered five helpful vehicle finance tips for consumers. Those recommendations included: • Budgeting helps ... [Read More]
Average Terms Hit 66 Months for First Time
Monday, Jun. 2, 2014, 03:44 PM
SubPrime Auto Finance News Staff
As the subprime financing market continues to expand, Experian Automotive determined that loan terms continued to lengthen with the average automotive loan term reaching 66 months for the first time. According to Experian’s latest State of the Automotive Finance Market ... [Read More]
Available Credit and Long Terms to Drive May New-Car Sales Higher
Friday, May. 30, 2014, 03:33 PM
SubPrime Auto Finance News Staff
Edmunds.com is projecting that seasonally adjusted annual rate for new-vehicle sales this month will increase thanks to the favorable financing conditions that still are in place. Site analysts forecasted that 1,547,771 new cars and trucks will be sold in the ... [Read More]
Report: Franchised Dealers Spent $3.2B on Compliance in 2012
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
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
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
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
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]
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