Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
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

Federal Reserve: Average Auto Loan Interest Rate Climbs

Nick Zulovich
WASHINGTON — The last time the average interest rate for new-car loans at auto finance companies climbed above 5 percent was in the second quarter of last year. In fact, the median rate hasn't beaten this February's figure since 2005 when ... [Read More]

AFSA, NTSF Form New Committee to Address Titling Issues

Nick Zulovich
WASHINGTON — The National Title Solutions Forum is merging into the American Financial Services Association to form a new committee of professional interest under the association's Vehicle Finance Division. The goal of this new move is to create a new entity dedicated ... [Read More]

RouteOne Hits New Record for Subscribers to Product Offering

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced today that more than 10,000 dealers are now subscribed to its Vehicle Values tool since the product's launch in late 2006. According to officials, this is almost double the amount of subscribing dealers since February ... [Read More]

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]

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]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X