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The Tax Stimulus

Started Mar. 2, 2009

Taking the Plunge: Vehicle Leasing in China
1 Reply

Started this discussion. Last reply by JJ Hornblass Feb. 26, 2009.

 

Marcie's Page on AutoFinanceNews.net

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How come I can,t find customers that want to pay $2900.00 a month for a custom van?
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If you're looking to buy or sell auto portfolios, this is the group to join.
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Sarah Aberlich and Marcie Belles are now friends
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Thank goodness they leased them. Think how high the payments would be if they'd financed them!!!
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Dealers, what's happening on the front lines? This group is a hub of dealer discussion about issues related to sales and finance.
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Profile Information

Name
Marcie Belles
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Senior Editor
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Auto Finance News
Company Description
The nation's leading source for information on auto lending and leasing
City, ST
Houston, TX

Marcie Belles's Blog

Marcie Belles

Thousand-Dollar Leases

At least 10 U.S. Congressmen spend more than $1,000 a month to lease their corporate vehicles, according to an analysis by Politico.com.



The lawmakers cited a number of reasons for the seemingly high monthly costs for vehicles like the GMC Yukon and Tahoe, Chevy Malibu, and a couple Ford SUVs, among others. For one thing, as members of Congress, they are required to choose fuel-efficient vehicles. Also, because legislators are only in office for two years, their payments are higher t… Continue

Posted on March 18, 2010 at 2:30pm — 2 Comments

Marcie Belles

Lenders Redesign Online Auction Programs

Online or in-lane — that is the choice many lenders are pondering when it comes to remarketing vehicles.



For decades, brick-and-mortar auctions dominated vehicle-resale strategies. Lenders would gather as many dealers as they could at their weekly or monthly sales to maximize returns on off-lease vehicles, fleet and rental units, and repossessions. Dealers would get to the auction early to touch and feel — and even test-drive — the cars they w… Continue

Posted on March 18, 2010 at 12:14pm — 1 Comment

Marcie Belles

GMAC CFO Joins Private Equity Firm

In a two-sentence filing with the Securities and Exchange Commission, GMAC announced that Chief Financial Officer Robert Hull had resigned. He has taken a job at private equity firm Providence Equity Partners.



“GMAC Financial Services today announced that Chief Financial Officer Robert S. Hull has elected to depart the company at the end of March to pursue another career opportunity,” according to the March 9 filing. “The company will conduct an internal and external search for potent… Continue

Posted on March 11, 2010 at 3:00pm —

Marcie Belles

Delinquencies on the Mend

Delinquencies are still on the rise for auto financiers, but their pace is slowing.



That was the message from Melinda Zabritski, director of automotive credit for Experian Automotive, in a conference call yesterday detailing fourth-quarter and full-year 2009 auto finance trends.



In a nutshell, the total dollar value of at-risk auto loans dropped 10% to $26.6 billion in the fourth quarter of 2009, from $29.6 billion in the prior-year quarter.



The 30-day delinquen… Continue

Posted on March 10, 2010 at 1:44pm — 1 Comment

Marcie Belles

Striking a Balance

In the throes of the credit crisis, banks were vilified for granting loans to unworthy borrowers. The unsurprising result: Banks pulled back. They revamped risk-management policies and clamped down on credit.



Now, it seems, banks are being hammered again — this time, for being too vigilant with credit. At a conference of the National Association of Business Economists yesterday, FDIC chief Sheila Bair warned that tight credit could hamper economic recovery.



"A light needs… Continue

Posted on March 9, 2010 at 1:00pm —

Comment Wall (20 comments)

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At 3:38pm on March 5, 2010, David J Pilcher said…
good to talk with you today.
At 1:23pm on February 17, 2010, Terri Horn said…
Hi Marcie,

I am sorry I didn't get a chance to introduce myself to you at AFSA. It was nice to see you there and I look forwrd to staying in touch with you. Please let me know if I can be of assistance to you in any way.

Terri Horn
At 4:05pm on February 16, 2010, Brad Sutterfield said…
Thanks for the invite!
At 4:19pm on February 8, 2010, DebbieE said…
Hi Marcie, My name is Debbie Escobedo and I am with Balboa Thrift and Loan in San Diego, CA. I am looking for someone who can give us thier professional assistance in helping us define troubled debt restructures (which regulators consider all auto refinances). We firmly disagree that all refinanced auto loans are troubled debts, so we need to speak to someone who has some experience with this.
At 2:47pm on February 3, 2010, Terry Kelly said…
Hey Marcie, I received your call and will try to get up with you
At 7:56am on November 26, 2009, Roger Gewolb said…
Hi Marcie

Hope all great for you PG.

All very well witihme TG and looking for next venture.

See you soon I hope.

Also, can you get them to renew my AFN subscription, please?

Kol Tov

Roger
At 4:15pm on November 18, 2009, Brian Olson said…
Marcie - thanks for the invite - hope to talk with you soon....bo
At 1:27pm on October 30, 2009, Walter L. Sanders, Esq. said…
My first comment and I didn't spell "good" correctly! Great first impression!
At 1:26pm on October 30, 2009, Walter L. Sanders, Esq. said…
Godd afternoon! I read your articles -- keep 'em coming!
At 5:59pm on October 28, 2009, Timothy Moran said…
Hi Marcie, thanks for connecting. I think we are connected on some of the other related groups as well. Thanks for the articles you send out. I rate auto loan ABS, so am very interested in auto finance news.

Tim
 
 



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