Recent News
Chase Auto Finance recently expanded its presence in the Southeast by opening a full-service Custom Finance Business Center in Richmond, Va., to help area auto dealers provide financing solutions for sub-prime customers buying new and used vehicles.
Frank Myers Auto Maxx, a cutting-edge used car dealership in North Carolina, has been recognized as the number one small business for 2009-2010 by Business Leader magazine, a leading business publication focused on the companies, leaders and trends in the North Carolina business community.
OPENLANE, Inc., a leading online auction company in North America for automotive dealers to buy and sell wholesale vehicles today announced that it has made significant enhancements to its U.S. open auction site, www.openlane.com, and has launched a new auction site for Canadian customers, www.openlane.ca.
Finance Company Insight
Mid-Atlantic Finance Company (MAF) is a company ready to leverage its 21 years in the industry to help BHPH dealers make the most of their portfolios, whether that means account servicing, portfolio acquisitions or even the purchase of GPS devices.
Late 2008 and early 2009 brought news of finance companies tightening their guidelines and shrinking originations, and with NADA values not keeping up with market values, landing profitable special finance deals has been a challenge for many dealers.