BLOG FOR SPECIAL FINANCE CAR DEALERS
LotPro Software – Not just for special finance anymore
Since the subprime mortgage meltdown, more and more prime lenders, captive finance companies, and credit unions are following the rules established long ago by subprime auto lenders. Special finance lenders have always had strict advance guidelines based on the credit tier of the applicant whereas prime lenders would often over advance for an applicant with a good credit rating. (Read More…)
Comments (1)Auto Credit Express Subprime Web Seminar Update
If you missed the Auto Credit Express subprime web seminar in December featuring ACE President Rich LaLonde and Special Finance Magazine editor Tariq Kamal you can still learn how your dealership can build a thriving subprime department. (Read More…)
Comments (0)Kelley Makes Changes with Weekly Updates and New Values
Irvine California-based Kelley Blue Book today announced changes to the way it will report data and the frequency of the new reports. (Read More…)
Comments (1)Auto Credit Express Sponsors Subprime Web Seminar
Auto Credit Express President Rich LaLonde and Special Finance Magazine editor Tariq Kamal will be teaming up for an online seminar on December 11th designed to help dealerships build a thriving subprime department. (Read More…)
Comments (0)Reynolds Partners with Experian to Integrate AutoCheck with Reynolds DMS
In the latest press release from Experian Automotive, the company announced a partnership with Reynolds and Reynolds that will allow its AutoCheck Vehicle History Reports to be seamlessly integrated across the Reynolds ERA DMS. (Read More…)
Comments (2)The Special Finance Conference and Expo Starts Tomorrow
The Special Finance Conference and Expo, the must attend event for Finance and Insurance professionals and dealers focusing on automotive finance and insurance compliance challenges, starts tomorrow. (Read More…)
Comments (1)Auto Credit Express a Sponsor of the Special Finance Conference 2008
If you, as a special finance manager, are determined to grow your dealership’s subprime department, you should seriously consider attending this year’s Special Finance Conference and Expo, September 16th and 17th in Las Vegas. (Read More…)
Comments (0)The Best Subprime Auto Software on the Planet
The new release of LotProOnline enables car dealers to maximize profits while keeping track of inventory, leads, funding packages and customers.
Comments (0)Track the Sales Process with the latest version of LotProOnline
It can be difficult for every member of your special finance department to know when they need to step in and handle their portion of the customer sales process. The latest version of LotProOnline subprime auto software will ensure that all necessary personnel know just what to do and when to do it as the customer moves through the special finance sales process.
Comments (0)Electronic Document Storage with the latest version of LotProOnline
In special finance, it’s vital that all important deal-related documentation is kept in the customer file. Unfortunately, this information sometimes gets misplaced, delaying funding and making more work for the special finance manager. It can also inconvenience customers - especially if they have to request copies of these forms from their employers or utility providers. With the latest version of LotProOnline, these problems are a thing of the past.
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