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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

Fiserv Automotive Teams Up with Carleton for Compliance Software

Nick Zulovich
BROOKFIELD, Wis. — Fiserv announced earlier this week that it is embedding Carleton's SmartCalcs financial compliance software into its Automotive Solution's Loan Origination System. Adding SmartCalcs directly into the Fiserv LOS automates rate calculations, validates state usury law compliance and keeps ... [Read More]

NowAuto Reports Challenges as it Looks to be Acquired

Nick Zulovich
TEMPE, Ariz. — NowAuto Group recently reported results for its fiscal first quarter, saying that a change from sales to leases impacted results, as some of the lease revenue is deferred. More specifically, the company indicated that it earned $1.1 million ... [Read More]

Leedom Announces Dates for BHPH Credit, Collections Conference

Nick Zulovich
SARASOTA, Fla. — Leedom and Associates its third Buy-Here, Pay-Here Credit and Collections Conference will held May 28 to 29 in Dallas, Texas. According to Chuck Bonanno, conference chairman, the event will focus on how to underwrite successful buy-here, pay-here contracts; ... [Read More]

GDEXAuto Prepares to Go Live to Help Both Dealers and Financial Institutions

Nick Zulovich
ALAMO, Calif. — Global Debt Exchange Automotive is preparing to go live in early January of next year. What exactly does the site do? Well, it was created to offer a new marketplace where independent and buy-here, pay-here dealers can go ... [Read More]

CNW Reveals the Largest Percentage of Used Shoppers Turn to Older Units

Nick Zulovich
BANDON, Ore. — The latest data from CNW Research indicates that 67.6 percent of used shoppers are looking to purchase units five years old or older. Overall, the largest percentage of used shoppers is honing in on the eight- to 12-year-old category ... [Read More]

DealerTrack Hits 450 Finance Sources

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack announced Monday that the number of active financing sources connected to its network has reached 450. In addition to the 450 financing sources on the DealerTrack network, the company indicated that about 90 percent of franchised ... [Read More]

CBA Schedules Auto Finance Conference

Nick Zulovich
ARLINGTON, Va. — The Consumer Bankers Association will host its 2008 National Automobile Finance Conference & Tradeshow March 30 to April 1 at the Hilton San Francisco in California. "For over 20 years CBA's automobile finance conference and tradeshow has been ... [Read More]

CPS Renews Senior Credit Facility

Nick Zulovich
IRVINE, Calif. — Portfolio Services recently announced that it has renewed one of its $200 million senior revolving warehouse credit facilities for a year. The company said it has $400 million in total senior warehouse capacity. "We are pleased with the ... [Read More]

Kia Motor Finance Opens New Southeast Center for Dealers

Nick Zulovich
AUSTELL, Ga. — Kia Motor Finance Co. recently held grand opening ceremonies for its new Southeast Regional Service Center in Austell, Ga. The new center will provide full retail credit and funding services for Kia dealers in the Southern and Eastern ... [Read More]

Tom Hudson Offers Special Finance (Legal) Tips and Insights

Nick Zulovich
HANOVER, Md. — This issue's theme is "Special Finance Tips and Insights." Since I do the legal stuff, you'll note the amended title to this article. Insights first: 1. From a legal standpoint, a dealer's contract and related documents (I'm ... [Read More]

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