A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
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Repo Roundtable gives agents opportunity to educate lenders
In another session during Used Car Week 2025 that filled a room to near capacity, the Repo Roundtable is now available through this episode of the Auto Remarketing Podcast. Led by Lauren Kimbrell of Advanced Collateral Recovery, five other repossession ... Listen Here
Wednesday, Jan. 21, 2026, 05:44 PM
4 experts on dealer M&A, retail buy-sell landscape
Dealership acquisitions and ownership changes seem to surface multiple times per week nowadays. How those deals come to fruition was the focus of a Used Car Week 2025 panel discussion led by Cherokee Media Group’s Joe Overby. Sharing their insights ... Listen Here
Tuesday, Jan. 20, 2026, 05:32 PM
3 lender executives on affordability & more in auto finance
Used Car Week 2025 featured a panel focused on the state of auto finance. Led by Jennifer Martin of the NAF Association, Christopher Mitcham of Santander Consumer USA, Mary Leigh Phillips of Bridgecrest Acceptance and Amy Brooks of Chase Auto ... Listen Here
Tuesday, Jan. 20, 2026, 05:09 PM
Santander completes purchase of $1.1 billion auto loan portfolio
Friday, Jan. 3, 2020, 05:16 PM
SubPrime Auto Finance News Staff
Just before Christmas, Santander Consumer USA Holdings wrapped up the purchase of a $1.1 billion indirect vehicle loan portfolio from Gateway One Lending & Finance, the finance company announced. Also included in the deal is an additional conversion of $0.5 ... [Read More]
Partnership could bring continued expansion for Westlake Financial
Friday, Jan. 3, 2020, 05:01 PM
SubPrime Auto Finance News Staff
Westlake Financial and Nowcom Corp. say that their new strategic partnership with Source One Financial Corp. allows Westlake expansion to continue in what they say is a large and growing Canadian non-prime automotive finance market. Through the partnership, Westlake will provide backing for ... [Read More]
Resource Hub
Best Practices, Ideas, and Tools for Business
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...
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The ART of AI: A Dealership Guide to Deploying AI With Confidence
AI is rapidly reshaping dealership operations, yet most stores are still in early experimentation mode. According to the Cox Automotive...
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More 2020 expectations on affordability and interest rates
Friday, Dec. 13, 2019, 04:23 PM
SubPrime Auto Finance News Staff
As part of its expectations for the 2020 credit market, TransUnion acknowledged that issues surrounding vehicle affordability will continue to persist in the coming year. But with the Federal Reserve leaving interest rates unchanged this week — and policymakers alluding ... [Read More]
Kraninger highlights accomplishments during first year leading CPFB
Thursday, Dec. 12, 2019, 03:09 PM
SubPrime Auto Finance News Staff
This week, Consumer Financial Protection Bureau director Kathleen Kraninger celebrated her one-year anniversary leading the regulator. Kraninger highlighted through a news release that during her first year she met with more than 800 consumers, consumer groups, state and local government ... [Read More]
Top 10 states for 30-day delinquency in Q3
Wednesday, Dec. 11, 2019, 04:34 PM
SubPrime Auto Finance News Staff
Perhaps signaling locations where your collections department needs to tailor its focus, Experian pinpointed the top 10 states with the highest rates of 30-day delinquency after the third quarter. According to Experian’s Q3 2019 State of the Automotive Finance Market ... [Read More]
EFG Companies reveals 4 predictions about F&I and other dealership activities in 2020
Wednesday, Dec. 11, 2019, 04:19 PM
SubPrime Auto Finance News Staff
On Wednesday, four leading executives from EFG Companies made their 2020 predictions and recommendations for the retail automotive and powersports F&I markets. With what they see as potentially another flat year on the horizon, the EFG leaders predicted that the ... [Read More]
KBRA shares expectations for 2020 ABS market
Wednesday, Dec. 11, 2019, 04:17 PM
SubPrime Auto Finance News Staff
The Kroll Bond Rating Agency (KBRA) released its 2020 forecast for the automotive asset-backed securities, mentioning how a new participant might generate more activity in this arena. Analysts said in their report shared with SubPrime Auto Finance News this week ... [Read More]
COMMENTARY: Considering an improved auto-loan calculator
Tuesday, Dec. 10, 2019, 04:21 PM
Wendy De La Rosa and Richard Mathera, Common Cents Lab
Recent Federal Reserve data shows that more than 4 million Americans are more than 90 days late on their car loan payments. There are many reasons someone may default on an auto loan: job loss, health emergency or an expensive ... [Read More]
Canadian-based iA Financial expands US warranty presence by purchasing IAS
Monday, Dec. 9, 2019, 03:46 PM
SubPrime Auto Finance News Staff
iA Financial Corp., one of Canada’s largest insurance and wealth management companies, secured a larger amount of the dealer warranty business in the United States last week. According to a news release, iA Financial, the holding company of iA Financial ... [Read More]
5 federal agencies now support alternative-data usage
Friday, Dec. 6, 2019, 03:53 PM
SubPrime Auto Finance News Staff
If auto-finance companies were not already using alternative data to enhance their underwriting efforts, they appear to have gotten the green light this week from five prominent federal regulators. Those five agencies — the Federal Reserve, the Consumer Financial Protection Bureau ... [Read More]
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