Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
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
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here

Leedom Group Announces Spring 2012 BHPH Convention

Nick Zulovich
SARASOTA, Fla. — Leedom Group announced that in an effort to better serve the needs of its dealer clients and the buy-here, pay-here industry as a whole, it has moved the dates of next year’s Buy-Here, Pay-Here World Convention to ... [Read More]

CPS Reveals Second Senior Subordinate Securitization of 2011

Nick Zulovich
IRVINE, Calif. — Earlier this week, Consumer Portfolio Services closed its second rated term securitization of the year. The company indicated the transaction is CPS's third senior subordinate securitization since 1993. In the transaction, officials explained qualified institutional buyers purchased ... [Read More]

myAutoloan.com Launches Interest Rate Tool

Nick Zulovich
IRVING, Texas — Online auto finance company myAutoloan.com recently revealed its newest consumer tool with the launch of its Interest Rate Estimator. The interest-rate widget aims to answer frequently asked questions consumers have about the intricacies of interest rates and credit ... [Read More]

MaximTrak Technologies and F&I Admin Unveil Partnership

Nick Zulovich
WAYNE, Pa. — Systems developer MaximTrak Technologies and software provider F&I Administration Solutions revealed they are partnering in an effort to allow dealers to electronically rate, contract and register contracts for all providers through the SCS Auto administration platform without ... [Read More]

BMW Financial Hopes to Lure Young Owners with College Grad Program

Nick Zulovich
WOODCLIFF LAKE, N.J. — As a way to hook young professionals to its brand, BMW Group Financial Services recently rolled out a new College Graduation Program that includes special incentives on certified pre-owned vehicles. The program encompasses both leases and loans and ... [Read More]

CarMax to Open First Store in Massachusetts

Nick Zulovich
RICHMOND, Va. — CarMax announced Monday that soon car buyers in Massachusetts won’t have to travel very far to check out the auto superstore’s used inventory. As of Nov. 16, a new store in North Attleboro, Mass., located at 120 ... [Read More]

Pelican Expands Senior Management Team to Keep Pace with Growth

Nick Zulovich
CHERRY HILL, N.J. — Pelican Resource Group revealed Monday it is expanding its senior management team in an effort to keep pace with growth and fill key roles. As the subprime and buy-here, pay-here lender continues a national rollout, new ... [Read More]

CU Xpress Lease Ventures into Massachusetts

Nick Zulovich
HAUPPAUGE, N.Y. — CU Xpress Lease recently signed its first provider in Massachusetts to offer a vehicle lease program first launched back in 2007. CU Xpress Lease's first enrollee in the Bay State is IC Federal Credit Union in Fitchburg, Mass. Founded ... [Read More]

Iowa BHPH Store Ready to Double Sales Thanks to New Funding Source

Nick Zulovich
SIOUX CITY, Iowa — A stable buy-here, pay-here dealer thirsty for a line of credit so he can stop turning away credit-damaged but potentially profitable customers meets a financial services company eager to find established rooftops with growth potential. That's ... [Read More]

BMW Financial Services Launches Mobile Website

Nick Zulovich
WOODCLIFF LAKE, N.J. — BMW Financial Services announced this week its customers will now have the ability to manage their accounts via their smartphones. After a secure log-in, captive finance customers can now make payment or obtain a payoff quote, ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X