Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Industry Elite: Sean Morgan of Westlake Financial
Monday, Mar. 23, 2026, 03:07 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here
Automotive Intelligence Award honoree Tom Kontos of Auto Auction Holdings
Monday, Mar. 23, 2026, 01:56 PM
Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale ... Listen Here
Industry Elite: Mike Clark Jr. of C&C Cars
Friday, Mar. 20, 2026, 03:50 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Clark Jr., operations manager of C& C Cars in Pinellas Park, Fla. Clark is a third-generation dealer and helps run the family business ... Listen Here

Primeritus Financial Services adds Hester to strategic sales team

Another former Manheim Canada exec joins Otolane
Wednesday, Jan. 7, 2026, 01:21 PM
SubPrime Auto Finance News Staff
Primeritus Financial Services reinforced its human capital before 2025 closed. The provider of recovery, skip-tracing and remarketing services to the finance community hired Jeremy Hester to be part of its strategic sales team as senior national strategic sales executive. The ... [Read More]

PODCAST: How AI can improve repossessions with Geoff Weathersby of SVR Tracking

Wednesday, Jan. 7, 2026, 01:17 PM
SubPrime Auto Finance News Staff
Artificial intelligence helps individuals and businesses in many ways nowadays. Can AI help to sharpen the repossession process, too? Geoff Weathersby thinks so. The chief operating officer of SVR Tracking explained how on the Live Stage presented by SYCN Auto ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turn Service Visits Into Sales Growth: A GM’s Checklist

Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
Read More

The Dealer’s Guide to Smarter GPS Tracking

A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
Read More

Used Car Turn Vendor Management Checklist

Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
Read More

DriveItAway & Free2move launch in 9 more markets ‘at the moment consumers need it most’

Wednesday, Jan. 7, 2026, 11:13 AM
SubPrime Auto Finance News Staff
Last July, DriveItAway Holdings joined forces with Free2move, the global mobility brand of Stellantis, to launch Free2move Powered by DriveItAway, a national initiative that aims to “transform dealerships into next-generation mobility hubs.” In December, the companies announced the expansion of ... [Read More]

Initial 2026 auto financing outlook still muted despite two positive trends

Wednesday, Jan. 7, 2026, 10:57 AM
Nick Zulovich, Senior Editor
In December, consumers’ pay rose and average rates on auto financing dropped. Sounds like wonderful ingredients to get vehicles delivered and contracts booked, huh? Well, Cox Automotive interim chief economist Jeremy Robb is among the cautious contingent not ready to ... [Read More]

Protective finalizes Portfolio acquisition, its eighth since 2015

Tuesday, Jan. 6, 2026, 09:28 AM
SubPrime Auto Finance News Staff
The unofficial first business day of 2026 marked the closing of an F&I product provider acquisition first announced the day before Halloween. Protective Life Corp., a U.S. subsidiary of Dai-ichi Life Holdings, said on Monday that it has completed the ... [Read More]

Edmunds: More than 26% of Q4 used- & new-car deliveries backed by monthly payments topping $1,000

Monday, Jan. 5, 2026, 11:29 AM
SubPrime Auto Finance News Staff
The first auto-finance number to know less than a week into 2026 might be $1,000. That’s because of the record number of consumers who took delivery of used and new cars during the fourth quarter with monthly payments of $1,000 ... [Read More]

Newest FlexPath DXP answers two affordability questions shoppers often immediately have

Monday, Jan. 5, 2026, 11:28 AM
SubPrime Auto Finance News Staff
The latest auto-finance data from Edmunds might make the newest tool from FlexPath DXP even more valuable for dealers. FlexPath DXP CEO Tarry Shebesta explained the launch of Personalized Shop-by-Payment (Personalized SBP) answers the two questions car shoppers have at ... [Read More]

Unsealed federal indictment details depth of Tricolor fraud with Chu facing multiple charges

Tricolor gains US patent for AI-driven underwriting tool
Wednesday, Dec. 17, 2025, 03:07 PM
SubPrime Auto Finance News Staff
Explosive allegations and language surfaced on Tuesday via the unsealing of a Justice Department indictment charging Daniel Chu, the founder and former CEO of Tricolor Holdings with orchestrating a years-long financial crimes enterprise that defrauded multiple banks and other private ... [Read More]

Auto credit availability in November climbed to highest point in 3 years

AutoPayPlus offers free F&I reporting tool by VisionAST
Friday, Dec. 12, 2025, 10:16 AM
SubPrime Auto Finance News Staff
Perhaps dealers aren’t expecting an immediate lift from the Federal Reserve lowering interest rates for the third time this year. But overall credit availability already appears to be as good as it’s been in about three years. Cox Automotive reported ... [Read More]

FTC begins to send more than $9.6M to consumers impacted by CarShield

FTC sends annual report to CFPB recapping activities regarding financial acts
Friday, Dec. 12, 2025, 10:07 AM
SubPrime Auto Finance News Staff
The Federal Trade Commission said this week it is now sending checks totaling more than $9.6 million to eligible consumers impacted by CarShield’s misleading claims about its vehicle service contracts. The regulator recapped that last July, CarShield, a seller of ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X