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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

Experian: On Average, Consumers with Open Auto Account Owe $15,654

Nick Zulovich
IRVINE, Calif. — The average balance of an open auto loan is $15,654, according to a study released this week by Experian Consumer Direct. The company also discovered that 28 percent of the U.S. population, based on 2000 Census results, ... [Read More]

AppOne Announces Partnership with Thrifty Car Sales

Nick Zulovich
BATON ROUGE, La. — AppOne announced it has partnered with Thrifty Car Sales. As part of this relationship, AppOne said it will provide its auto financing platform to Thrifty Car Sales dealers, with several programs specifically tailored to the needs ... [Read More]

Chrysler Financial Launches Bilingual Finance Education Program, Expanded Call Centers for Latinos

Nick Zulovich
WASHINGTON D.C. — Chrysler Financial and the ASPIRA Association, a national non-profit organization devoted to the education and leadership development of Latino youth, recently announced they are partnering to provide a financial education and vehicle financing education program catered to ... [Read More]

AFSA Sets Date for ’08 Vehicle Finance Conference

Nick Zulovich
WASHINGTON, D.C. — The American Financial Services Association announced that its 12th Vehicle Finance Conference and Expo is slated for Feb. 6 to 8 at The Palace Hotel in San Francisco, Calif. The meeting will take place just before the ... [Read More]

CBA: Average FICO Score for Used Vehicle Climbs

Nick Zulovich
ARLINGTON, Va. — In its annual report, which covers input from a variety of auto finance lenders, including several that work in the nonprime arena, the Consumer Bankers Association discovered that the average FICO score on a new vehicle has ... [Read More]

DriveTime Fills Two Key Executive Roles, Enters New Market

Nick Zulovich
PHOENIX, Ariz. — DriveTime announced that it has filled two management-level positions. Tonsa Price-Edwards has joined the company as director of retail operations, and Deborah Powell will serve as director of human resources. "Our director of retail operations and director ... [Read More]

Capital One Integrates Subsidiaries, Launches Full-Spectrum Program

Nick Zulovich
McLEAN, Va. — Capital One Auto Finance announced that it has successfully integrated all of its subsidiaries and will be going live June 18 with its new business model, which is designed to simplify the paperwork and stipulations dealers need ... [Read More]

Triad Financial Corp. Names New President

Nick Zulovich
HUNTINGTON BEACH, Calif. — Triad Financial Corp. announced it has promoted Daniel Leonard to president and chief executive officer. Leonard, 59, has been with the non-prime auto finance company since May 2003, serving as senior vice president of portfolio management, ... [Read More]

Quantum Auto Group Partners with The Credit Union Loan Source

Nick Zulovich
MELVILLE, N.Y. — Quantum Auto Group recently announced a partnership with The Credit Union Loan Source to offer access to auto loans sourced from dealerships based along the Eastern Seaboard. More specifically, the deal will make indirect loan volume originated ... [Read More]

AutoIMS Introduces Latest Version of Condition Report Writing Tool

Nick Zulovich
ATLANTA — With Auto Auction Services Corp.'s latest 4.0 version of LiveCRwriter, auctions gain more than just a detail, tune-up and new paint, officials explained. Now auctions will receive an inventory management tool that collects the usage patterns of condition ... [Read More]

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