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BMO Harris is no longer a preferred lender for Tesla’s retail installment contract platform following the Toronto-based bank’s exit from indirect lending late last month. BMO Harris will no longer be accepting indirect financing applications from Tesla, a company spokesperson confirmed with Auto Finance News. “While we no longer have indirect retail auto agreements with […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
