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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

Ferry partners with Inspiration Fleet to bolster EV subscription platform

ferry founder for web
Auto Fin Journal Staff
Here’s another development involving EVs and shorter consumer obligations. Ferry, an electric vehicle subscription platform that allows consumers to obtain short-term leases on new EVs, announced this week it has partnered with Inspiration Fleet to make Tesla Model 3s and ... [Read More]

CUDL integrates with IDS to connect credit unions with RV, marine & trailer dealers

RV trailer on highway
Auto Fin Journal Staff
CUDL is broadening the reach of its credit union financing network to go beyond vehicles. Integrated Dealer Systems (IDS), a leading RV, marine and trailer dealership management software provider, recently launched a new integration with CUDL. According to a news ... [Read More]

Bank of America to fuel Lucid Financial Services

Lucid_Financial_Services for web
Auto Fin Journal Staff
Bank of America is electrifying its presence in auto financing. This week, the bank finalized a strategic relationship to Lucid Group — which claims to have the longest-range, fastest-charging electric vehicle on the market — to form Lucid Financial Services, ... [Read More]

TrueCar acquires Digital Motors to reinforce TrueCar+ marketplace

TrueCar booth at NADA Show 2022
Auto Fin Journal Staff
The volume of dealerships changing hands has been growing for some time. Now in recent days, acquisitions involving products and software connected to financing and retailing are intensifying, too. On the heels of J.D. Power announcing a pair of acquisitions, TrueCar said on ... [Read More]

DriveItAway rolls out Polestar 2 EV subscription program

John Possumato with EVs for web
Auto Fin Journal Staff
DriveItAway founder and chief executive officer John Possumato wants to give consumers as many options as possible when using the company’s electric vehicle subscription to ownership program. On Wednesday, DriveItAway Holdings launched an initiative with Polestar 2 for anyone who would ... [Read More]

Inovatec & Lightico partner to help users offer end-to-end digital journey for customers

vlad and zviki for web
Auto Fin Journal Staff
Two service providers with international presences and leaderships now are working together to smooth customer journeys with digital solutions for finance companies and lenders throughout North America. Inovatec Systems, based in Burnaby, British Columbia, recently reached a collaborative agreement Lightico, ... [Read More]

Latest equity close pushes FINN valuation above $500M

money-stack
Auto Fin Journal Staff
In March, FINN expanded its vehicle subscription offering to western Pennsylvania, Massachusetts, Connecticut and Washington D.C., following its initial U.S. rollout in December. And now the company has additional financial resources to expand more. Last week, FINN announced it has closed ... [Read More]

2 months into launch, Solera Auto Finance now funds in 20 states

Solera booth at NADA_0
Auto Fin Journal Staff
Solera Auto Finance (SAF) launched in March during NADA Show 2022, building momentum and bettering its own initial growth estimates. The company recently said it is already well-positioned in the used-vehicle finance market, signing dealer agreements and funding contracts within ... [Read More]

Constant & Celerit partner to drive servicing modernization

cloud computing
Auto Fin Journal Staff
Constant, a provider of digital loan servicing solutions, announced a partnership with Celerit, a veteran provider of technology services to the financial services industry. Celerit, which has a 30-year history of supporting bank loan servicing shops and their core software ... [Read More]

Lendbuzz makes Forbes’ list of best startup employers

Consistency is name of the game for J.D. Power’s 2024 ALG residual value awards in Canada
Auto Fin Journal Staff
Lendbuzz appears to be putting nearly $700 million in growth resources to good use. The firm that is striving to modernize what it contends is an “outdated” auto-finance industry, using artificial intelligence with a focus on serving consumers who have ... [Read More]

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