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Physician, Heal Thyself

The CFPB’s inability to master the basic vocabulary of automotive finance does a disservice to the consumers whose interests it is charged with protecting.

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Vehicle Depreciation Accelerates Heading Into Q4

A steep decline in Crossover/SUV wholesale values, which have been strong all year, may point to more than seasonality as the reason for the accelerated depreciation of two-year-old vehicles, Black Book said this week.

MVSC Rolls Out Titling Solution for California, Nevada Credit Unions

Vitu Lending is designed to cut down on what had been a two-week process for Nevada and California credit union clerks to two days. Additional regional solutions are planned for the start of 2017.

SNAAC Celebrates 30 Years in Business

The retail sales finance company, Security National Automotive Acceptance Company, LLC (SNAAC), will be celebrating 30 years in business later this month, according to a company announcement.

How to Get Bonded With Bad Credit

Expert offers a six-point checklist for dealers who bring past credit challenges to the surety bond application process.

Confident's Service Financing Product Now in 410 Franchised Dealerships

Confident Financial Solution's auto repair financing program has experience strong growth this year, the company reported this week. It now has 1,000 retailers offering its product, including 410 franchised new-car dealers.

Financial Technology Company Aims at Simplifying Financing Process

AutoGravity, a new financial technology company, has emerged, aiming to simplify the financing process by allowing customers to apply for financing straight from their phone.

Launching Special Finance: Part Six

Despite a parade of obstacles, Champion Motors’ Red Team pulls out a win in overtime.

Launching Special Finance: Part Five

Website and BDC issues have slowed but not stopped the progress of Champion Motors’ new special finance team.

Perfecting the F&I Turnover

Expert says salespeople play a critical role in what happens in the F&I office. She lists four ways they can successfully pave the road to back-end sales.