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Jared Hamilton
From: Jared Hamilton
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Amy Taggart

Amy Taggart Marketing Manager

Exclusive Blog Posts

What People Are Looking For In An Auto Repair Shop

What People Are Looking For In An Auto Repair Shop

Those who have been involved in some sort of accident have the next step of finding an auto repair shop. These shops are not all created equal as some are …

One Price Selling – What Are You Waiting For?

One Price Selling – What Are You Waiting For?

Most Dealers are closer to a One Price Selling sales process than they may realize. If you’re an excellent pre-owned dealer you’re basically no…

What Is Your Chemistry With Women Buyers?

What Is Your Chemistry With Women Buyers?

Wow, its December. Last month of the year. Now is the perfect time to begin to reflect on the customer processes, engagement and strategies you have in pla…

Want to Advance in Business? Here are a Few Ways to Stay on Top of Your Game

Want to Advance in Business? Here are a Few Ways to Stay on Top of Your Game

If it’s time for you to take the next steps in your career, there are some tried-and-true methods that can ensure your success. All business professi…

BDC training for 2017

BDC training for 2017

  We have a service and sales bdc team for each of our stores. One is a Hyundai store and the other is a Chevrolet store. We have Three sales Bus…

News Roundup - Subprime Auto Finance

We haven't seen the latest results for Q2 from Experian Automotive yet, but a couple of news outlets are still keeping our favorite topic - subprime auto finance or "special finance" - in the spotlight:

  • In recent days, FICO announced the findings from their most recent quarterly survey of bank risk professionals. According to their results, they found that "more than 50 percent of respondents expected the auto sector to see the largest increase in 2012" when it came to borrowers with subprime credit. Big quote for us:

"We are clearly seeing a loosening of credit in the auto finance market, with lenders responding to increased consumer demand," said Dr. Andrew Jennings, chief analytics officer at FICO and head of FICO Labs. "This is good news for car dealers and it should help the auto sector continue its recovery."

  • The best piece of recent news was provided by Auto Remarketing, which actually published the results of an informal poll by Melanie Zabritski director of automotive credit for Experian Automotive.  The best quote: “There is just a great sense of optimism for the marketplace of expected growth. I think we’ll see the growth both in volume as well as more of the subprime business coming on the books.”

And when you’re done there, don’t forget to check out our Volume Estimator to see how you can get your piece of the resurgent special finance market.

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