Auto Finance News

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

NADAguides.com, Carloan.com Team Up for Vehicle Financing

Nick Zulovich
COSTA MESA, Calif. — Late Wednesday, NADAguides.com announced it struck an exclusive financing partnership with Carloan.com. Carloan.com covers the entire credit spectrum from prime to subprime. With this service, new- and used-car buyers now have the ability to secure a ... [Read More]

NLEX Adds New Executive

Nick Zulovich
CARLSBAD, Calif. — National Loan Exchange recently announced the addition of Paul Banninger to its staff. Banninger will serve in the role of vice president of sales. Officials said he brings 30 years mortgage lending and real estate collection experience to ... [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...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

Leedom Announces Topics, Speakers for BHPH Conference

Nick Zulovich
SARASOTA, Fla. — Leedom and Associates recently announced its keynote speakers and topics for the 12th Annual National Special Finance and Buy-Here, Pay-Here Conference, which will be held Oct. 7 to 9 at Caesars Palace in Las Vegas. At this year's ... [Read More]

Flex Fund Boasts More than 300 Wholesale, Salvage Auction Partners After First Year of Business

Nick Zulovich
YORBA LINDA, Calif. — Flex Fund Financial Services has recently signed operating agreements for inventory financing with 10 new independent auctions. The additional agreements bring the company's total signed auctions to 310, including about 150 whole-car and 160 salvage auctions, ... [Read More]

RouteOne Partners with Fireside Bank

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced that California-based Fireside Bank has integrated into its platform. Fireside is a non-prime and subprime finance source. Moreover, Fireside Bank is an FDIC insured and regulated industrial bank with a core business of purchasing ... [Read More]

Experian: Consumers Uncomfortable Making Large Purchases Such as Cars

Nick Zulovich
COSTA MESA, Calif. — Even though the Experian-Gallup Personal Credit Index rebounded to 95 in July after declining to 90 earlier this year, officials found that a large number of consumers are still uncomfortable making large purchases, such as cars. ... [Read More]

NAF Association Releases Annual Study Results

Nick Zulovich
Hanover, Md. — The National Automotive Finance Association announced that it has published its 2007 Non-Prime Automotive Financing Survey. One of the key findings is that delinquencies, both in dollars and number of accounts, have increased since last year. The ... [Read More]

Auto Affordability Index Down

Nick Zulovich
DETROIT — According to the Auto Affordability Index compiled by Comerica Bank, an average-priced new vehicle took 24.6 weeks of median family income in the second quarter of this year. Officials indicated the latest reading is down just slightly, 0.1 ... [Read More]

DealerTrack: 2Q Transactions Hit 23.5 Million

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack announced that GAAP net income for the quarter came in at $6.3 million, up 35 percent from $4.7 million for the second quarter of last year. Additionally, revenue for the quarter was $58.5 million, up ... [Read More]

AmeriCredit’s CEO Tackles Industry Concerns

Nick Zulovich
FORT WORTH, Texas — Addressing the unstable credit market and liquidity concerns by many in the industry who are keeping a particularly watchful eye on subprime companies, AmeriCredit's president and chief executive officer reassured analysts that his company has no ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X