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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
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here

AFG Introduces New Technology for Residual-Based Lending Program

Nick Zulovich
HOUSTON — Auto Financial Group, an online provider of residual-based financing products for dealers and lenders since 1999, announced Tuesday that it has enhanced its balloon loan program with a new feature called the Dealer Inventory Download (DID). Officials explained ... [Read More]

Upcoming NCM Webinar to Discuss Warranty & Service at BHPH Dealerships

Nick Zulovich
OVERLAND PARK, Kan. — One of NCM Associates' trainers who specializes in the buy-here, pay-here market is going to host a 60-minute webinar explaining the different business models for the dealership and its related service operation.  During a session that's ... [Read More]

Securian Rolls Out New Debt Protection for Auto Loans Benefits

Nick Zulovich
ST. PAUL, Minn. — Securian Financial Group recently introduced major auto expense and auto insurance deductible debt protection benefits as value add-ons for new and existing debt protection programs offered by financial institutions. The company explained the major auto expense ... [Read More]

RISC Offers Important Repossession Training and Compliance Materials for BHPH Operators

Nick Zulovich
OCALA, Fla. — In keeping with its goal of providing professional certification and compliance training documents to the collateral recovery and lending industries, Recovery Industry Service Co., has been working with the National Alliance of Buy-Here, Pay-Here Dealers to provide ... [Read More]

3 More California Credit Unions Join cuautocoupon Network

Nick Zulovich
HAUPPAUGE, N.Y. — Officials from cuautocoupon — a company aimed at driving organic auto loan growth for credit unions while fostering stronger relationships with dealerships — recently announced the signing of three new California credit unions. The company's growing network ... [Read More]

Apps Now Available for SubPrime’s Digital Magazine

Nick Zulovich
CARY, N.C. — SubPrime Auto Finance News not only has a digital magazine, the publication now has apps so you can download, read and share the new offering more easily. The apps are available to use on your iPhone, iPad, ... [Read More]

Webb: Used Retail Sales to Establish All-Time High by 2015

Nick Zulovich
ATLANTA — Manheim economist Tom Webb said it's "quite easy and quite logical to assume" that used-vehicle retail sales will hit an all-time high before 2015. Webb backed up his projection by highlighting how used-vehicle retail sales during the first ... [Read More]

Despite Great Used Sales Month, Survey Shows Saving Is a Top Plan for Tax Refunds

Nick Zulovich
SAN ANTONIO and BANDON, Ore. — While CNW Research found the used-vehicle industry produced its best March sales performance since 2002, a USAA survey showed the majority of younger potential car buyers might not be spending their tax refund at ... [Read More]

Car-Mart and CarHop Ramp up Tax Season Efforts with More Locations

Nick Zulovich
BENTONVILLE, Ark., and EDINA, Minn. — With tax season in full swing, buy-here, pay-here dealership chains America's Car-Mart and CarHop added more locations. In fact, Car-Mart opened two lots — one in Florence, Ala., and the other in Kirksville, Mo. ... [Read More]

Mini Launches eContracting at NJ Dealership

Nick Zulovich
WOODCLIFF LAKE, N.J. — A New Jersey dealership is the first store to start the nationwide launch of eContracting by Mini Financial Services, a division of BMW Group Financial Services. The captive is launching the solution at Prestige Mini in ... [Read More]

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