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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

Fed Extends TALF, Reviews Trends in Credit Markets

Nick Zulovich
WASHINGTON, D.C. — On Monday, the Federal Reserve Board and the Treasury Department announced that they have approved an extension in the Term Asset-Backed Securities Loan Facility. However, officials indicated that they do not foresee any additions to the types of ... [Read More]

Vehicle Acceptance Opens New Location

Nick Zulovich
DALLAS — Vehicle Acceptance Corp. announced the addition of its newest branch office in Indianapolis, Ind. "This latest expansion of the nationwide subprime finance company is a strong indication of the healthy and growing buy-here, pay-here marketplace in the region," according ... [Read More]

Comerica: Auto Affordability Almost at Its Best

Nick Zulovich
DALLAS — The purchase of an average-priced new vehicle took only slightly more median income than it did in the prior quarter, according to Comerica Bank's Auto Affordability Index. More specifically, it took 22.1 weeks of median family income in the ... [Read More]

Peak Acceptance Rolls Out to Dealers

Nick Zulovich
DALLAS — Peak Acceptance LLC has struck up a relationship with Payless Car Sales, in addition to dozens of franchised dealers, and is rolling out throughout the country, according to Rick Collins, a principal behind the company. The new lender was ... [Read More]

ChannelNet Launches 5 Millionth Personal Site for Auto Finance Industry

Nick Zulovich
SAUSALITO, Calif. — ChannelNet, a leading provider of Web-based customer loyalty solutions, announced today that it has now deployed 5 million personalized Web sites for the auto financing industry. Personal Web sites are basically provided to auto loan/lease customers and designed to ... [Read More]

Triad Financial Upgrades BBB Rating

Nick Zulovich
NORTH RICHLAND HILLS, Texas — Triad Financial recently announced that it has boosted its Better Business Bureau rating from "B" to an "A+," the best possible score. The BBB bases ratings on the number of consumer complaints filed against a company ... [Read More]

F&I Administration Introduces SCS Auto GAP

Nick Zulovich
CHICAGO — F&I Administration Solutions LLC, a leading provider of software for the administration of auto F&I products, recently announced the release of SCS Auto GAP, which it is calling the first commercially available software that is specifically designed to ... [Read More]

Leedom Group Names Senior VP of Dealer Ops

Nick Zulovich
SARASOTA, Fla. — Leedom Group has named its senior vice president of dealer operations. Taking on this position is Jerry "Butch" Moore, who will oversee five of the company's buy-here, pay-here dealerships in Florida and Georgia. These five locations sell more than ... [Read More]

Fed: Auto Loan Interest Rates on Steady Incline

Nick Zulovich
WASHINGTON, D.C. — After falling drastically earlier this year, interest rates for new-car loans at auto finance companies climbed at a steady pace during the second quarter. In fact, during June, the rate rose to 3.88 percent, up from 3.47 percent ... [Read More]

CalAmp Starts Agent Reseller Program for GPS Solution

Nick Zulovich
OXNARD, Calif. — CalAmp Corp. has launched an agent reseller program for its Aercept-branded GPS tracking solutions. As authorized Aercept agents, independent sales professionals can offer the branded GPS tracking units to new dealerships, buy-here, pay-here used-car dealerships and financing companies. ... [Read More]

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