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Cutting keys & cutting costs during repossessions and recoveries
Wednesday, Dec. 10, 2025, 04:42 PM
Drawing standing-room-only attendance in the second-largest setting at Used Car Week 2025, Ryan Miller led a six-executive panel session that focused on one of the most complex challenges in all of repossessions and recoveries. Now available through this episode of ... Listen Here
Four experts on automotive & the economy
Wednesday, Dec. 10, 2025, 04:39 PM
Used Car Week 2025 again brought together experts who can explain which parts of the economy impact automotive most. This year’s event included views from Laura Wehunt of Black Book, Tim Gill of the American Financial Services Association, T.J. Cox ... Listen Here
Sponsored Episode: Winning Trade-Ins and Trust – Navigating Today’s Affordability Challenges
Friday, Dec. 5, 2025, 03:15 PM
Affordability challenges are reshaping the automotive landscape—vehicle prices and payments are at all-time highs and negative equity is on the rise. In this episode, Micah Tindor offers a data-driven conversation with real-world strategies around acquisition tactics and long-term profitability to ... Listen Here

Top 10 Articles of 2009 on SubPrimeNews.com

Friday, Dec. 18, 2009, 12:00 AM
Nick Zulovich
In what was a very tumultuous year for the auto finance industry, reflected by the top 10 stories, companies went out of business, cut back on lending for more credit-challenged customers and much more. SubPrimeNews.com kept our thousands of readers up-to-date on ... [Read More]

Credit Acceptance Announces Completion of Asset-Backed Financing

Thursday, Dec. 17, 2009, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Earlier this month, Credit Acceptance announced the completion of a $110.5 million asset-backed non-recourse secured financing. For this transaction, the company said it contributed loans having a net book value of about $142.3 million to a wholly owned ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

The ART of AI: A Dealership Guide to Deploying AI With Confidence

AI is rapidly reshaping dealership operations, yet most stores are still in early experimentation mode. According to the Cox Automotive...
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Turn Battery Risk Into Trust: Your Edge in the Used EV Market

Independent battery health certification is the new gold standard for used EV dealerships. The latest AVILOO detect Magazine reveals how...
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How GMs Start Their Day with Mastermind & Make More Deals

Successful General Managers know that how you start the day sets the tone for dealership performance. This checklist outlines the...
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Rising Repos, Shrinking Margins: A Guide to Reduce Collections and Servicing Costs with AI Agents

As delinquencies rise and margins tighten, leading auto lenders use AI agents to cut collections and servicing costs without compromising...
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Out-of-State Titling: 12 Steps Every Title Clerk Should Follow (The Easy Way)

Out-of-state titling isn’t easy. With every state having different DMV requirements, document packets, and deadlines, it’s easy for mistakes to...
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Free Guide: How Smart Dealers Can Profit from Customer Car Insurance

Turn Customer Auto Insurance into Dealership Profit If you're not profiting from auto insurance in your dealership, now’s the time...
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Go In-House With Your Photos

Your Photo Vendor Didn’t Show Up Again? Let’s Fix That. Stop relying on vendors and start owning your inventory. This...
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The Auto Dealer’s Complete Checklist for Evaluating AI

The Auto Dealer’s Complete Checklist for Evaluating AI highlights key questions dealership leaders should ask technology partners during the selection...
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Navigator President: Company Has Made Significant Strides

Thursday, Dec. 17, 2009, 12:00 AM
Nick Zulovich
ATLANTA — In addition to saying the company is making strides since it has come out of bankruptcy, Navigator Acceptance president Bobby Lazenby announced the company is putting up for sale a $3.2 million portfolio, consisting of 470 seasoned, subprime auto ... [Read More]

TransUnion Cautions Those Expecting Abrupt Delinquency Turnaround Next Year

Thursday, Dec. 17, 2009, 12:00 AM
Nick Zulovich
CHICAGO — TransUnion is predicting that auto loan delinquencies, or borrowers 60 or more days past due, will climb by about 7 percent by the end of 2010. Given that this statistic is expected to come in at 0.86 percent at ... [Read More]

Prestige Financial Strikes Rare Subprime Securitization

Tuesday, Dec. 15, 2009, 12:00 AM
Nick Zulovich
SALT LAKE CITY — Though investors have been extremely hesitant of late when it comes to the subprime auto asset-backed securities market, Prestige Financial Services apparently bucked this trend by tapping the credit markets for such a securitization earlier this month. Prestige Financial believes this ... [Read More]

ACS Introduces New Lender Platform for Dealers

Tuesday, Dec. 15, 2009, 12:00 AM
Nick Zulovich
CINCINNATI — Automobile Consumer Services recently launched the DriveItNow.net Lending Gateway to give dealers access to financing and leasing sources. DriveItNow.net is designed to help alleviate the problem dealers are having with a tightened credit market by providing a platform of ... [Read More]

Credit Union Acceptance, Wolters Kluwer Broaden Partnership

Tuesday, Dec. 15, 2009, 12:00 AM
Nick Zulovich
HOUSTON — For the second time this month, Wolters Kluwer Financial Services expanded a relationship with a credit union service organization. This time, the arrangement is with Credit Union Acceptance Co. so it can offer the AppOne platform in more markets. Now a ... [Read More]

LendingTreeAutos.com Goes Live

Tuesday, Dec. 15, 2009, 12:00 AM
Nick Zulovich
CHARLOTTE, N.C. — On Monday, Tree.com announced the launch of LendingTreeAutos.com, which in addition to helping consumers obtain auto loans, will also assist consumers in deciding which vehicle to purchase next. The new site is designed to provide a variety of ... [Read More]

Mint Leasing Makes Major Vehicle Purchase for Corporate Customers

Thursday, Dec. 10, 2009, 12:00 AM
Nick Zulovich
HOUSTON — The Mint Leasing used a portion of its previously announced $10 million credit facility to purchase 61 vehicles for a trio of corporate clients. Mint Leasing bought all of the vehicles from Fred Haas Toyota Country, a Houston-area dealership. ... [Read More]

Lee Auto Malls Acquires Linnehan’s Credit Now

Thursday, Dec. 10, 2009, 12:00 AM
Nick Zulovich
AUBURN, Maine — Lee Auto Malls, a 73-year-old family dealership group, recently acquired the assets of Linnehan's Credit Now and Atlantic Acceptance Corp. to create one of the largest used-vehicle operations in the state. Lee already operates 12 franchise stores primarily ... [Read More]
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