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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
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here

The Real Facts about NABD 2008

Nick Zulovich
HOUSTON — With less than 30 days remaining before the 10th Annual National Buy-Here, Pay-Here Conference on May 6 to 8 in Las Vegas, I have received numerous calls regarding the event. The most frequently asked questions and my responses follow: Question ... [Read More]

Independent Dealers Characterize Market Environment

Nick Zulovich
CHICAGO and FORT MYERS, Fla. — How is the current economic climate impacting independent dealers? To answer this question, SubPrime Auto Finance News recently talked to a few independent dealers who work in the subprime arena, asking about the challenges they ... [Read More]

Bankruptcy Filings Mount; Federal Reserve Admits to Possible Recession

Nick Zulovich
ALEXANDRIA, Va. — Despite the tough means test, the American Bankruptcy Institute reported that due to economic issues, particularly those in the mortgage sector, consumer bankruptcy filings jumped 27 percent nationwide during the first quarter, compared to the same period ... [Read More]

LeaseTrader.com Compares Risks Associated with 84-Month Auto Loans to Mortgage Industry

Nick Zulovich
MIAMI — With some manufacturers and dealers now offering 84-month financing on auto loans, this could lead to more consumers ending up in negative equity, according LeaseTrader.com. Consumers who accept these terms are at particular risk with the current consumer credit ... [Read More]

NADC Board Challenges Opposition to Dealer Arbitration Clauses

Nick Zulovich
HANOVER, Md. — The National Association of Dealer Counsel Board of Directors reported that it has submitted written comments to the House Judiciary Committee to express opposition to the Automobile Arbitration Fairness Act of 2008 (H.R. 5312). The March 17 letter ... [Read More]

Compli Partners with Law Firm to Enhance Dealer Compliance Offerings

Nick Zulovich
PORTLAND, Ore. — Compli announced that it has teamed up with Sacks Tierney P.A. to provide top-tier legal information, compliance consulting and technology to Arizona dealers. The services will be offered via Compli's Dealership Compliance Management System. Sacks Tierney, based in ... [Read More]

Experian Automotive Introduces Auto Credit Report

Nick Zulovich
SCHAUMBURG, Ill. — Experian Automotive announced Monday that it has launched an automotive-specific credit profile report. Designed expressly for dealers and lenders, officials said Experian's Automotive Credit ProfileSM can help those financing auto loans more quickly and accurately make the best ... [Read More]

PIN: Longer Loans Continue to Gain Popularity

Nick Zulovich
WESTLAKE VILLAGE, Calif. — In its latest market analysis, Power Information Network reported that the retail auto business is continuing to embrace longer loans. "Six-year loans (taken out at the dealership) now account for four of every 10 new-vehicle loans, almost ... [Read More]

Wolters Kluwer Now Offering Lease Agreements in e-Format

Nick Zulovich
MINNEAPOLIS — To meet the growing demand for paperless finance transactions within the auto finance industry, Wolters Kluwer Financial Services announced Monday that it is offering dealers, work flow aggregators and lenders new standardized and customizable motor vehicle lease agreements in an ... [Read More]

CarBiz Receives Texas License

Nick Zulovich
SARASOTA, Fla. — CarBiz recently announced that it has received a dealer license for the state of Texas. According to the company, this marks the final dealer license for CarBiz to obtain following its major acquisitions of 26 dealerships in the ... [Read More]

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