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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
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

CNW: Fewer Auto Loan Applications Approved Across Credit Spectrum

Nick Zulovich
BANDON, Ore. — Apparently, after gaining ground for several months, the share of auto loans receiving approval has now begun to drop, CNW Research discovered in its latest analysis. However, on the brighter side, consumers appear to believe that credit is ... [Read More]

Shilson: Less than 20% of Special Finance Deals Successful

Nick Zulovich
HOUSTON — I recently surveyed mid-year 2009 buy-here, pay-here industry results and I learned the following: 1. Sales have been, for the most part, comparable to the same period of last year. Only operators who have expanded operations, added additional sales ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
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Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
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Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
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Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
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AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
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The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
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Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
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Dealer Playbook: 5 Takeaways for Auto Retailers Using AI

The May issue of Auto Remarketing — “Shifting Gears: AI’s Role in Retail Automotive” — explores how top auto retailers...
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Teres Solutions Teams Up with RateGenius to Increase Direct Auto Loans

Nick Zulovich
AUSTIN, Texas — Teres Solutions announced a new partnership with RateGenius to grow its clients direct auto lending business. Basically, Teres will integrate the RateGenius direct auto loan refinancing solution into its SAIL lending platform. "Whether or not automobile sales are growing, there's ... [Read More]

Fitch: Used-Value Rebound Drives Up Auto Lease ABS Performance

Nick Zulovich
CHICAGO — Auto lease asset-backed securities took a big hit last year causing a decreased appetite to offer leases. This ultimately caused several automakers to leave the leasing market; however, according to Fitch Ratings, it's a much different story this year. ... [Read More]

Zag.com’s New Car-Buying Site Gives Consumers Donation Opportunity

Nick Zulovich
SANTA MONICA, Calif. — Zag.com announced the launch of a new site today called DrivingDonations.com, which in addition to saving consumers an average of $4,500 on a new-car purchase, will also donate $50 to a charity of the consumer's choice. Basically, while the ... [Read More]

Chase Ramps Up Auto Loan Originations 82% Year-Over-Year

Nick Zulovich
NEW YORK — After a significant reduction in auto loan originations last year, Chase Auto Finance is continuing to ramp these transaction ramp back up, ultimately increasing originations 82 percent year-over-year. On Wednesday, the company reported that third-quarter auto finance originations ... [Read More]

Black Book Values Added to DealerTrack’s BookOut for Lenders

Nick Zulovich
GAINESVILLE, Ga. — Black Book announced this week that it has expanded its relationship with DealerTrack. The new relationship involves Black Book integrating used-vehicle values into DealerTrack's BookOut for Lenders application. The goal of DealerTrack's new system is to simplify the process ... [Read More]

VW Credit Selects MVTRAC to Improve Recovery Efforts

Nick Zulovich
PALATINE, Ill. — MVTRAC announced today that it has partnered with Volkswagen Credit to help the company improve its collection procedures on defaulted vehicle collateral. As part of this relationship, VW Credit will use MVTRAC's automated license plate recognition technology, in ... [Read More]

Credit Acceptance Offers Update on Credit Warehouse Facilities

Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. recently announced some changes to its credit warehouse facilities. The company said it increased the amount of its revolving secured warehouse facility with an institutional investor from $50 million to $75 million. In addition, the ... [Read More]

NABD to Share Findings on BHPH Payment Devices

Nick Zulovich
HOUSTON — The National Alliance of Buy-Here, Pay-Here Dealers announced Monday that it is compiling a comprehensive report containing statistics on the use of payment devices by BHPH operators. Kenneth Shilson, CPA and NABD founder, explained that technology will play an ... [Read More]

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