Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
This Month's Focus

Artificial Intelligence
Presented by
Bain Survey: Few Companies Ready for Sustainability Rules (24%) Building on three-year partnership, Bain invests in OpenAI Deployment Company
Wednesday, May. 13, 2026, 12:13 PM
Bain & Company today announced an investment in the Deployment Company, a new venture launched by OpenAI with 19 global partners. According to a news release, the OpenAI Deployment Company is built to help businesses deploy artificial intelligence across their ... Read More
EY study shows Canadians still cautious about AI but using it more for everyday activities
Monday, May. 11, 2026, 03:00 PM
This artificial intelligence is pretty smart, eh? That sentiment might be held by at least some Canadians who are already embedding AI into everyday decisions, often in ways that extend beyond simple assistance into early autonomy, even while concerns about ... Read More
Carfluent’s new AI tool helps dealerships beat aggregators in searches
Monday, May. 11, 2026, 09:51 AM
A growing percentage of consumers now use artificial intelligence as what marketplace Cars.com describes as a “trusted co-pilot” in their search for a vehicle to purchase. Meanwhile, other studies suggest that dealership websites are not visible to many of those ... Read More
Tiger Okeley describes what it’s like for BHPH dealers during another turbulent year
Tuesday, May. 12, 2026, 01:47 PM
Tiger Okeley is the executive board member of Oak Motors, a buy-here, pay-here dealership that’s been in business for more than 40 years in central Indiana. Having seen boom times, recessions, and more, Okeley shared his insight to help owners ... Listen Here
SPONSORED EPISODE: Know your Buyer & Grow your Lot
Tuesday, May. 12, 2026, 09:20 AM
In this insightful episode of the Auto Remarketing Podcast, Auto Trader and KBB executives Elizabeth Stegall and David Lumpkin share findings gleaned from Cox Automotive’s unique research into shoppers who buy from Independent Dealers. Learn how shifting buyer expectations connect ... Listen Here
FICO’s Shams Blanc on lenders sharpening underwriting & more
Wednesday, Apr. 29, 2026, 03:54 PM
Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here

Experian Unveils AutoCheck Mobile for Consumer

Tuesday, Dec. 13, 2011, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — Already utilized by dealers, Experian Automotive on Tuesday launched AutoCheck Mobile for Consumer. Available through both Android and iPhone devices, Experian highlighted the new application can provide used-vehicle buyers with access to AutoCheck vehicle history reports. Officials ... [Read More]

NAC Rolls out 24-Hour Online Claims Submission Service

Tuesday, Dec. 13, 2011, 12:00 AM
Nick Zulovich
WESTERVILLE, Ohio — This week, vehicle service contract provider NAC announced an expansion of its online technology platform to now include a new 24-hour online claims submission service. Designed to address the efficiency gaps and time-of-day restrictions vehicle dealership service ... [Read More]

PayNearMe Gives BHPH Customers New Payment Locations

Thursday, Dec. 8, 2011, 12:00 AM
Nick Zulovich
MOUNTAIN VIEW, Calif. — In an effort to make the customer payment process easier and more convenient for buy-here, pay-here dealers, as well as their clients, cash transaction network PayNearMe recently revealed its new product called PayNearMe Auto. This offering ... [Read More]

AutoNation Announces New $1.7 Billion Credit Agreement

Thursday, Dec. 8, 2011, 12:00 AM
Nick Zulovich
FORT LAUDERDALE, Fla. — AutoNation announced Wednesday it has entered into a new unsecured credit agreement with a $500 million term loan facility and a $1.2 billion revolving credit facility.  The company explained the new credit agreement contains an accordion ... [Read More]

Bank of America, DataScan Field Services Partner on New Buying Website

Thursday, Dec. 8, 2011, 12:00 AM
Nick Zulovich
ALPHARETTA, Ga. — Bank of America and DataScan Field Services joined forces Thursday to roll out a website designed for used-vehicle buyers to complete their transactions in one place. The two companies launched PRNDL.com — pronounced prindle — a name ... [Read More]

Huntington Bank Set to Showcase Loan Packages During 2012 Indy Auto Show

Thursday, Dec. 8, 2011, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — While serving as an event sponsor, Huntington Bank will be looking to drum up some auto loan business during the upcoming 2012 Indy Auto Show. Huntington indicated earlier this week that it plans to have bankers available ... [Read More]

November Bankruptcy Filings Show Double-Digit Drop from Last Year

Tuesday, Dec. 6, 2011, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — Showing a double-digit drop, November U.S. consumer bankruptcy filings fell by 12 percent year-over-year, coming in at 100,980 nationwide, according to the latest study from the American Bankruptcy Institute. November’s rate represents a significant drop from the ... [Read More]

VINtek Manages Second Lien Filings on Upwards of 70,000 Trucks

Tuesday, Dec. 6, 2011, 12:00 AM
Nick Zulovich
PHILADELPHIA — Auto finance solutions company VINtek recently announced it has completed second lien filings on a fleet of more than 70,000 trucks, using its VINtekTIME technology — a platform that processes paper and paperless titles, or electron lien and ... [Read More]

Franchised Activity Pushes BHPH Market Share

Tuesday, Dec. 6, 2011, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — Buy-here, pay-here penetration in used-vehicle financing continues to be on the rise, according to third-quarter data assembled by Experian Automotive. Experian discovered the BHPH market share climbed 10.5 percent year-over-year to 14.26 percent of all used-vehicle financing ... [Read More]

DEALERsure Availability Expands into 43 States

Tuesday, Dec. 6, 2011, 12:00 AM
Nick Zulovich
MELBOURNE, Fla. — Five Star Specialty Programs, a division of Crump Insurance Services and part of Crump Group, revealed today that coverage for its dealers insurance program now encompasses 43 states. The seven states excluded from DEALERsure are Alaska, Connecticut, ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X