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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

Leedom Gearing Up for Next Round of BHPH Training

Nick Zulovich
SARASOTA, Fla. — Leedom and Associates is a month away from its next round of training sessions for buy-here, pay-here dealers, focusing on helping managers both sell vehicles and maintain collections. Leedom executive vice president and senior partner Chuck Bonanno ... [Read More]

FinCo Management Tailors Newest Deep Subprime Finance Program for Experienced BHPH Operators

Nick Zulovich
MARBLEHEAD, Mass. — This week, FinCo Management — a provider of deep subprime dealer financing — began offering its new HYBRID 50 program to dealer partners with buy-here, pay-here experience. FinCo explained that dealer partners can get funded up front ... [Read More]

Newest AFSA White Paper Highlights Recent Vehicle Titling & Lien Release Issues

Nick Zulovich
WASHINGTON, D.C. — The American Financial Services Association released a white paper on recent state developments in issuing and releasing liens and titles on motor vehicles, including Electronic Lien and Title (ELT), electronic titling, and other lien and titling issues, ... [Read More]

RDN Rolls Out Compliance Dashboard and Automation Center to Monitor Performance & Compliance

Nick Zulovich
REDWOOD CITY, Calif. — Recovery Database Network recently introduced its Compliance Dashboard and Automation Center, a tool aimed at providing lenders with a visually dynamic way to easily assess key recovery performance data and monitor recovery vendor compliance with performance ... [Read More]

CU Direct Connect Attributes New Technology to Strong Growth So Far in 2013

Nick Zulovich
CENTENNIAL, Colo. — CU Direct Connect said it posted strong application and funded auto loan growth during the first half of the year. The non-profit credit union service organization aimed at providing vehicle lending and origination funding platforms utilized by ... [Read More]

KeyBanc Dealer Survey: 2 Factors Push F&I Gross Profit in Q2

Nick Zulovich
CLEVELAND — While also gauging availability of credit for subprime buyers, a total of 69 percent of the respondents who participated in the Monthly Dealer Survey orchestrated by KeyBanc Capital Markets saw an increase of $50 or more in F&I ... [Read More]

Reynolds and CNCDA Complete Updates to the Reynolds LAW California F&I Library

Nick Zulovich
DAYTON, Ohio — Reynolds and Reynolds recently updated the Reynolds LAW California F&I Library of documents to reflect changes in California law as well as incorporate dealer feedback. The company highlighted those updates include a new form to support electric ... [Read More]

United Auto Credit Named NIADA National Member Benefit Partner

Nick Zulovich
ARLINGTON, Texas — The National Independent Automobile Dealers Association recently named a new national member benefit partner, adding United Auto Credit, a national non-prime to near-prime indirect automotive lender. United Auto Credit programs include: —Financing for customers in open and ... [Read More]

Ally Introduces Online Training Center for Dealers

Nick Zulovich
DETROIT — Training dealers is nothing new to Ally Financial. That's been a huge part of the near century-long history at the company founded as General Motors Acceptance Corp. in the 1900s. But the format in which Ally teaches dealers ... [Read More]

Wisconsin-Based Finance Company Opens to Serve BHPH Dealers

Nick Zulovich
GLENDALE, Wis. — Built on a family foundation of more than 80 years in the franchised dealership business, a Wisconsin-based finance company recently opened for business to serve independent buy-here, pay-here stores, starting with $25 million in availability with a ... [Read More]

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