A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
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Affordability leads latest TransUnion study & AFSA event dialogue
Tuesday, Feb. 3, 2026, 10:25 AM
Santander Q4 survey shows ongoing optimism of middle-income Americans who see value of used cars
Monday, Feb. 2, 2026, 10:24 AM
Challenge Financial Services hires former UACC exec, acquires $21M portfolio
Monday, Feb. 2, 2026, 10:21 AM
The real cost of inaction when it comes to transport fraud
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Thursday, Jan. 29, 2026, 03:30 PM
More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
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
Thursday, Jan. 29, 2026, 03:30 PM
Lenders, forwarders & agents discuss repo bottlenecks
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
Wednesday, Jan. 28, 2026, 07:16 PM
Exeter Details $650 Million Securitization
Friday, Jan. 31, 2014, 09:13 PM
SubPrime Auto Finance News Staff
Earlier this week, Exeter Finance Corp. announced that EFCAR, LLC, a special purpose Delaware limited liability company and wholly owned subsidiary, priced $650 million in aggregate principal amount Series 2014-1 automobile receivable backed notes, which will be issued in four ... [Read More]
Ford Credit’s Falotico Named Chair of AFSA Vehicle Finance Division
Friday, Jan. 31, 2014, 09:11 PM
SubPrime Auto Finance News Staff
The American Financial Services Association installed Joy Falotico, executive vice president, marketing, sales and the Americas at Ford Motor Credit, as chair of AFSA's Vehicle Finance Division Board, succeeding Andrew Stuart of VW Credit. In this role, AFSA highlighted Falotico ... [Read More]
Resource Hub
Best Practices, Ideas, and Tools for Business
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...
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RouteOne Rolls out eContracting ‘Shortcut’ for Finance Sources
Friday, Jan. 31, 2014, 09:09 PM
SubPrime Auto Finance News Staff
Earlier this week, RouteOne highlighted it will offer its finance source customers what the company is calling a "shortcut" that can allow them to quickly and easily support the RouteOne eContracting process without the typical technology investment. The company explained ... [Read More]
NextGear Capital Picks Violin Flash Memory Arrays to Improve Dealer Services
Friday, Jan. 31, 2014, 07:34 PM
SubPrime Auto Finance News Staff
In an effort to help used-car managers complete the floor-planning process as quickly as possible, NextGear Capital recently tapped Violin Memory, a provider of persistent memory-based storage solutions, to accelerate the delivery of key services to the company's customer base ... [Read More]
Santander Consumer USA Outlines IPO Details
Friday, Jan. 31, 2014, 07:32 PM
SubPrime Auto Finance News Staff
Last week during the midst of the American Financial Services Association's Vehicle Finance Conference, Santander Consumer USA announced the pricing of its initial public offering. The company is selling 74,991,470 shares of common stock at a price of $24 per ... [Read More]
SFG Finance Watches Year-Over-Year Growth Hit 30 Percent
Friday, Jan. 31, 2014, 07:30 PM
SubPrime Auto Finance News Staff
Auto finance receivables purchaser SFG Finance highlighted this week that its portfolio grew 30 percent over the last year. SFG Finance indicated the majority of this increase came from the company's subprime flow program — an initiative in which independent, ... [Read More]
Westlake Highlights Spike in Franchised Partnerships
Friday, Jan. 31, 2014, 07:27 PM
SubPrime Auto Finance News Staff
Westlake Financial Services says its maintaining its strong relationships with independent dealers while reporting significant growth sprouting from its program for franchised stores. Company officials highlighted that Westlake's growth produced an 84-percent increase in franchise deals and an 80-percent jump ... [Read More]
S&P/Experian: Auto Loan Defaults Edge Lower in December
Friday, Jan. 31, 2014, 07:23 PM
SubPrime Auto Finance News Staff
December's reading for the auto loan segment of the S&P/Experian Consumer Credit Default Indices is squarely in between the level analysts spotted a month earlier and during the closing month of 2012. S&P Dow Jones Indices and Experian reported that ... [Read More]
AFIP Outlines Pricing Structure for Certification Course
Friday, Jan. 31, 2014, 07:20 PM
SubPrime Auto Finance News Staff
The Association of Finance & Insurance Professionals revealed the pricing structure for its basic, senior and master certification courses. AFIP said wholesale prices will increase to $695, plus shipping and handling, beginning Feb. 2. Officials indicated courses ordered on or ... [Read More]
KeyBanc Dealer Survey Refutes Inkling of Subprime Pullback
Friday, Jan. 31, 2014, 06:59 PM
Nick Zulovich, Editor
Evidently dealers who participate in the monthly survey orchestrated by KeyBanc Capital Markets did not see the same conditions in subprime vehicle financing during December as leadership from CarMax noted. KeyBanc's survey results showed 50 percent of respondents indicated subprime ... [Read More]
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