CPO program | Auto Finance News | Auto Finance News

Citizens One ramps up CPO program

Citizens One Auto Finance has been revving up used-vehicle loan originations since launching its CPO program “a little over a year ago,” President Craig Lamp told Auto Finance News. Volume for the bank’s CPO program has “more than doubled,” Lamp said, adding that the program has exceeded company expectations. To that end, “a big chunk […]

Nissan Beefs Up CPO Program with Carfax Partnership Amid Fed Rate Hike

As the U.S. Federal Reserve gradually increases interest rates, a strong certified pre-owned program becomes more and more vital for lenders and their dealer partners, Kevin Cullum, president of Nissan Motor Acceptance Corp., told Auto Finance News. “As interest rates rise, the demand for used cars, our off-lease vehicles, have been rising with it,” Cullum […]