DriveTime’s fate was foreshadowed by Rick Hackett, former CFPB assistant director focusing on auto lending regulation and current partner at Hudson Cook, who, in a presentation shortly after the bureau announced its proposal to supervise non-bank auto lenders, predicted further scrutiny of the “Buy here, pay here” sector of the market, as well as how best to handle CFPB supervision.
F&I product profitability rises 0.8% in Q2, outpaces vehicle profit again
BY Amanda Harris
~ September 4, 2026
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Finance and insurance products continued to lead dealership profitability in the second...






