Entries by dealerbizAdm1n

Lessons from DriveTime

Congress empowered the Consumer Financial Protection Bureau to supervise “buy-here, pay-here” car dealers when it passed the Dodd-Frank Wall Street Reform and Consumer Protection Act. Since its inception, the CFPB has not specifically targeted a BHPH dealer – until now, that is. In November, the CFPB announced a consent order against DriveTime Automotive Group, Inc., […]

Making the most of shoppers’ tax refunds

The holiday selling season is over and tax refund season has started, which means auto and truck dealers hardly have time to catch their collective breath. Tax refunds, of course, help drive shoppers who didn’t buy at year’s end to dealer showrooms now. Santander Consumer USA and Santander Auto Finance (SAF) know how important the […]