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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
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here

TurboPass honors 6 dealers

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SubPrime Auto Finance News Staff
On Thursday, TurboPass awarded six of its subscribing dealerships with an End of the Year Award, including honors for Independent Dealer of the Year, Franchise Dealer of the Year Newcomer of the Year Both the East and West regions of ... [Read More]

With another 50 basis-point interest rate rise, US economy could be near ‘terminal’ point

car and coins
SubPrime Auto Finance News Staff
With another lift of 50 basis points on Wednesday, the Federal Reserve now has pushed the federal funds rate higher by 425 basis points this year to the 4.25% to 4.50% range. While Federal Reserve chair Jerome Powell emphasized the ... [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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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TransUnion 2023 forecast: Auto finance on surer footing than credit cards & personal loans

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SubPrime Auto Finance News Staff
Auto finance appears to be in a much better state than credit cards and personal loans based on TransUnion’s 2023 Consumer Credit Forecast released on Wednesday. While experts are expecting delinquency rates for credit card and personal loans to rise ... [Read More]

PODCAST: Discussion with the Women in Collections & Recoveries honorees

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SubPrime Auto Finance News Staff
This special episode of the Auto Remarketing Podcast was recorded during Used Car Week and features the Women in Collections & Recoveries honorees who were able to make the trip to San Diego in November. The panel discussion moderated by ... [Read More]

Subprime auto ABS ratings examined in 3 stressed scenarios

iA Financial backs AutoCanada's F&I; acquires used car stake
SubPrime Auto Finance News Staff
S&P Global Ratings went to its investment research laboratory recently because market participants have become increasingly concerned about subprime auto ABS given that the economy may be on the precipice of a recession wherein unemployment levels would likely rise and ... [Read More]

Location Services adds 8 executives to senior leadership team

locations services hires for web
SubPrime Auto Finance News Staff
Location Services recently hired eight executives in a wide array of specialties to help strengthen the senior leadership team of the recovery management and loss mitigation service company. Bringing 10 to 20 years of experience with them in some instances, ... [Read More]

14 potential changes surface from CFPB ombudsman post-examination survey

CFPB files lawsuit against US Auto Sales servicer
SubPrime Auto Finance News Staff
Perhaps one segment of the annual report generated by the ombudsman of the Consumer Financial Protection Bureau might be of particular interest to auto finance companies and their compliance departments. During the last fiscal year, the CFPB ombudsman launched its ... [Read More]

GWC Warranty unveils new resource to build transparency & loyalty

GWC Warranty for web
SubPrime Auto Finance News Staff
GWC Warranty wanted to give dealers recommendations to develop new processes designed to increase customer satisfaction and build loyalty. So this week, the provider and administrator of automotive F&I products released a free eBook titled, “A Dealer’s Guide to Transparency ... [Read More]

Texas repo assignment leads to discovery of elaborate fraud scheme

James Waldron for web
SubPrime Auto Finance News Staff
James Waldron recently recovered more than just a high-line Mercedes-Benz. The CEO of Texas-based 1st Adjusters helped to lead federal officials to quite a fraud scheme that included several other luxury vehicles. Advantage Automotive Analytics recapped the incident for SubPrime ... [Read More]

6 key findings from KBRA’s decade lookback at auto ABS space

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SubPrime Auto Finance News Staff
Kroll Bond Rating Agency (KBRA) released research on Monday assessing changes in the auto loan asset-backed security (ABS) sector, prompting experts to say the segment has demonstrated “both stability and volatility over the past decade.” The firm’s resulting report evaluated ... [Read More]

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