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WEB6 days ago · Monday, Oct. 7, 2024, 03:42 PM. Auto Remarketing Staff. Group 1 Automotive made two acquisitions in the United Kingdom last week: a dealership and a CEO. The U.S.-based dealership group added ...
CarGurus expands finance-company relationships with GLS
WEBAug 25, 2020 · 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 ...
Top 20 used-car lenders among independent dealers
WEBJun 14, 2019 · 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 ...
America’s floorplan provider rebranded as Axle Funding
WEBDec 13, 2022 · Auction Credit Enterprises was established in 2006 and XL Funding was created by XLerate Group (now America’s Auto Auction) in 2017. Axle Funding emerges as the rebranded name for XL Funding and ...
Sunbit on track for more BNPL financing growth at dealerships …
WEBAug 28, 2024 · 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 ...
CarGurus unveils pre-qualify program through Capital One, …
WEBJan 29, 2021 · Pre-qualification offers are provided through CarGurus’ listing dealers that book paper through Capital One, Westlake Financial and Global Lending Services. CarGurus forged a relationship with ...
Westlake’s vehicle protection program now available nationwide
WEBDealerships interested in learning more about Westlake Financial Services are invited to contact Westlake directly at (888) 893-7937 or online at www.westlakefinancial.com. Westlake Financial ...
AFC now offers independent dealers flexible payment alternative
WEBJun 8, 2021 · 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 ...
Obra Capital buys out Solera Auto Finance
WEBTuesday, 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 ...
CarMax unveils online pre-qualification path to financing
WEBJan 17, 2023 · CarMax unveils online pre-qualification path to financing. Image by George Sheldon/Shutterstock.com. Tuesday, Jan. 17, 2023, 04:12 PM. Auto Fin Journal Staff. Experian determined that 40.45% of ...