Dealer Profit Pros president Kenny Atcheson again asked a variety of industry leaders to share their expectations for what this year could be like for buy-here, pay-here and independent dealerships. Along with Atcheson offering his thoughts on advertising and marketing, ... [Read More]

Tricolor has now completed 16 ABS transactions since the company, which focuses on providing auto financing to Hispanics, issued its first securitization in July 2013. The latest securitization unfolded this week, as Tricolor announced a $328 million issuance. According to ... [Read More]

Multiple experts expect bankruptcy filings to continue to rise, especially after another upward drift in February. According to data provided by Epiq AACER, total bankruptcy filings came in at 40,260 in February, marking a 3% increase year-over-year. Filings last February ... [Read More]

Steve Levine of Ignite Consulting Partners made another appearance on the Auto Remarketing Podcast for two reasons. Levine shared how his second book came together to help dealerships with their compliance responsibilities. He also previewed the combined training conferences next ... [Read More]

Advanced Business Computers of America (ABCoA) recently rolled its newest software solution powered by artificial intelligence for buy-here, pay-here and lease-here, pay-here dealerships. Following the launch of AI Collections in Deal Pack DMS, ABCoA introduced AI Sales in cyclCRM, a ... [Read More]

When customers want to buy a car but you can’t get them financed, what do you do? Most retail dealers let them walk out the door to spend their money somewhere else. In this episode of the Auto Remarketing Podcast, ... [Read More]

The U.S. District Court for the Eastern District of North Carolina announced a guilty plea by a buy-here, pay-here dealer who federal officials said ran a Ponzi scheme that resulted in more than 60 investors suffering net losses in excess ... [Read More]

Ben Goodman is back with Byrider. According to a post on the company’s LinkedIn account, Byrider hired Goodman as its vice president of franchise operations and development. Goodman previously spent more than 11 years with Byrider in a variety of ... [Read More]

National Lenders reinforced its workforce again last week, appointing Brent Newman as regional vice president of sales. With more than 30 years of experience in the buy-here, pay-here and subprime auto finance sectors, National Lenders highlighted that Newman brings a ... [Read More]

Here’s another path for National Independent Automobile Dealers Association members to get the credit they need to run their businesses. The association said it wanted to develop an exclusive financial product to add value to our member’s business operations with ... [Read More]