Normal 0 false false false EN-US X-NONE X-NONE BANDON, Ore. — The finance office stayed busy in July working up contracts for used vehicles as CNW Research determined 68.9 percent of all used sales last month included financing, a rise ... [Read More]

WESTLAKE VILLAGE, Calif. — The J.D. Power 2013 U.S. Dealer Financing Satisfaction Study showed dealer satisfaction increased in all finance provider areas for the second consecutive year. What extended the upward trend? J.D. Power indicated this week that appeal for ... [Read More]

BENTONVILLE, Ark. — Earlier this week, America's Car-Mart opened its second store in Georgia, the second new dealership launch of its 2014 fiscal year. The 126th dealership in Car-Mart's network of buy-here, pay-here lots is located in Rome, Ga. The ... [Read More]

WASHINGTON, D.C. — Not only are lawmakers taking an issue with how the Consumer Financial Protection Bureau conducts its regulatory business, but some legislators now are also questioning what a former high-level bureau official is doing now that he's back ... [Read More]

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 CHICAGO — A new TransUnion study reinforced an intuitive belief risk management departments at vehicle finance companies might already have had: Consumers with the ability to pay larger amounts than the ... [Read More]

FORT LAUDERDALE, Fla. — Earlier this week, AFS Acceptance, a full-service auto finance company serving the subprime financing needs of franchised and independent dealers, secured $20 million in subordinate debt to support expansion of its business. The company highlighted the ... [Read More]

TORRANCE, Calif. — Toyota Financial Services will soon have a new president and chief executive officer.  The company announced earlier this week that George Borst is retiring at the end of September, and filling his shoes as president and CEO ... [Read More]

WASHINGTON, D.C. — With August straight ahead and back-to-school campaigns for clothes and more about to intensify, Americans Well-informed on Automobile Retailing Economics urged parents to provide guidance and support so teenagers can take an active role in selecting a ... [Read More]

GREELEY, Colo. — Many buy-here, pay-here dealerships originate contracts with interest rates at 20 percent and higher. It's one of the reasons why store managers in California cheered a year ago when the governor vetoed a measure that would have ... [Read More]

LOS ANGELES — Analysts from GoBankingRates.com recently created a list of new vehicles recommended for subprime buyers. Headlining the list of "5 Cheap, Stylish Cars for Subprime Borrowers" was the Toyota Corolla. The site went with this model because of ... [Read More]