Dealer Roundup, Part I: 6 Dealers Talk Lender Training
With more lenders entering the powersports market -- and existing lenders revving up originations -- competition is heightening. New banks ...
Tag: National Powersport Auctions
Pre-Owned Demand Remains ‘Hot’ as Warm Weather Hits, NPA Says
Pre-owned vehicles sales are heating up in second quarter of 2017, particularly in May, Jim Woodruff, chief operating officer at National ...
NPA Eyes Expansion Following Copart Acquisition
National Powersport Auctions plans further expansion, following its acquisition by Copart Inc., an online salvage and insurance auto auctions service, NPA’s Chief ...
National Powersport Auctions Acquired by Copart Inc.
The online vehicle auction and remarketing service Copart Inc. has acquired Cycle Express LLC., a California-based private company operating as ...
NPA: Repossessions Rise 10% YoY Amid New Entrant Lenders
National Powersport Auctions saw a “modest rise” in repossession volumes in 2016, Chief Operating Officer Jim Woodruff told Powersports Finance. ...
NPA: Default Rates Expected to Tick Up in 2017
ORLANDO — Default rates are expected to rise going into 2017, particularly as new lenders continue to enter the space ...
Is Citi Geared Up to Fill the Void?
With Capital One Financial Corp. exiting the powersports industry — allowing its revolving credit arrangements with OEM partners to gradually expire ...
Untapped Finance Offerings Stunts Industry Growth
LAS VEGAS — Approximately 14 million people rode a motorcycle in 2014, but didn’t own one, according to data from the ...
