Top 20 used-car lenders among independent dealers
2019年6月14日 · 19. BANK OF AMERICA 0.48%. 20. MECHANICS BANK 0.48%. SOURCE: Experian Autmomotive. Data is based on Top 20 lenders with the greatest share of used-car loan origination units among independent ...
CarGurus expands finance-company relationships with GLS
2020年8月25日 · CarGurus continues to build relationships with finance companies, with the newest one connected with a provider that caters in part to the subprime market. On Tuesday, the online automotive ...
Sunbit on track for more BNPL financing growth at dealerships …
2024年8月28日 · Sunbit highlighted in late May that its buy-now, pay-later (BNPL) financing technology is available at more than 50% of dealership service centers in the U.S. The company might be able to build on ...
Obra Capital buys out Solera Auto Finance
Tuesday, Aug. 13, 2024, 11:53 AM. SubPrime Auto Finance News Staff. Solera Auto Finance has new owners and branding. Obra Capital, an asset management firm with a specialized approach to ...
AFC now offers independent dealers flexible payment alternative
2021年6月8日 · On Tuesday, the business unit of KAR Global announced that it now offers cash buyers what AFC believes is a convenient, flexible and simple floorplan solution through its Daily Tab product. To ...
Sunrise Auto sells its last dealership | Auto Remarketing
Wednesday, Aug. 28, 2024, 12:17 PM. Auto Remarketing Staff. Sunrise Auto Group is out of the car dealer business. Bob Berkheimer’s company has sold its last dealership, Sunrise Buick GMC ...
DriveTime rebrands servicing division, launching Bridgecrest
Tuesday marked the official launch of Bridgecrest Acceptance, a licensed third-party servicer for servicing installment contracts for DriveTime and other affiliated finance companies. DriveTime ...
America’s Group buys Z66 Tulsa Auto Auction
Tuesday, Aug. 27, 2024, 06:00 AM. Auto Remarketing Staff. It’s an M&A summer for America’s Group. The parent company of America’s Auto Auction and AXLE Funding has made its fourth ...
CarMax unveils online pre-qualification path to financing
2023年1月17日 · CarMax’s new pre-qualification capability also includes following features and benefits for customers: • Pre-qualification decisions come directly from multiple finance companies and are ...
COMMENTARY: How to make sense of Manheim Market Report in …
2020年4月3日 · As I mentioned, right now MMR Retention is lower than 100%, which means that real-time values are less than MMR. For example, if MMR for a given vehicle is $10,000 and today’s MMR Retention is ...