Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here

Preferred Warranties Launches App to Show F&I Presentations on Dealer iPads

Nick Zulovich
ORWIGSBURG, Pa. — Preferred Warranties recently rolled out a new app so dealers can use iPads to customize and compare protection plans, financing options and insurance products for customers anywhere on the lot and at any time during the sales ... [Read More]

CPS Reveals Details of Recent $147 Million Senior Subordinate Asset-Backed Securitization

Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services announced earlier this week the closing of its third term securitization of the year. The transaction also is CPS' sixth senior subordinate securitization since last year. In the transaction, officials tabulated that qualified institutional ... [Read More]

xChange Automotive Launches Facebook Apps to Bring Sales and Lending to Social Media

Nick Zulovich
CHARLOTTE, N.C. — Though many say the potential for using social media for sales has not been tapped into yet, social media application company xChange Automotive said it has released a product that may take a step in that direction. ... [Read More]

Santander to Purchase DriveTime in $700 Million Transaction

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 PHOENIX and DALLAS — A regulatory filing with the Securities and Exchange Commission confirmed DriveTime Automotive Group, its shareholders and certain affiliates entered into definitive agreements with Santander Consumer USA. Officials ... [Read More]

S&P/Experian: Auto Default Rate Edges Higher from Historic Low

Nick Zulovich
NEW YORK — Coming off a historic low, the auto loan default rate ticked higher last month, according to August data reported by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices. The auto rate edged ... [Read More]

Reynolds Reveals docuPAD Technologies Receive 2 Patents, Others Pending

Nick Zulovich
DAYTON, Ohio — Reynolds and Reynolds recently announced that the U.S. Patent and Trademark Office has issued two U.S. patents relating to docuPAD, the F&I selling and document processing system for dealerships. Officials reiterated docuPAD is a menu-driven, interactive F&I ... [Read More]

AIADA Chairman: Are We Headed for a Fiscal Cliff?

Nick Zulovich
ALEXANDRIA, Va. — Have you heard the term "fiscal cliff" lately? According to both political and financial analysts, it looks like the United States is headed for one at serious speed. Here's some background. About a year ago, Congress passed ... [Read More]

Fitch: Subprime ABS Performance Holding Steady

Nick Zulovich
NEW YORK — Fitch Ratings indicated the subprime sector of the auto asset-backed securities market exhibited a stable performance this past month. Analysts arrived at that assessment today because August 60-day delinquencies rose only 2 percent month-over-month, climbing to 3.24 ... [Read More]

NAF Association Looking to Modify Annual Survey to Better Serve Industry

Nick Zulovich
HANOVER, Md. — Jack Tracey remembers when the National Automotive Finance Association's annual survey was the only barometer to measure how the non-prime segment of the industry was behaving. Now 16 years later, Tracey and the NAF Association are gearing ... [Read More]

Nissan & Infiniti Dealers Have New Lease Return Technology at Their Disposal

Nick Zulovich
FRANKLIN, Tenn. — Lease returns just got easier for Nissan and Infiniti customers. And dealers may be able to take advantage of more potential customers coming in to purchase a new ride after cashing their lease in. The two Japanese ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X