By on July 3, 2014

20140701_auto2

The Office of the Comptroller of the Currency, a government entity that regulates and supervises banks, is sounding the alarm regarding risks related to auto loans.

(Read More…)

By on December 10, 2013

ttac

The three year lease.

It entrances and traps the most spellbound car aficionados into a monthly payment that keeps them at the altar of the car payment.

Is that a bad thing? Well, depends on the way you want to look at it. What can’t be argued is that both sides get what they want, and after three years, that customer can choose to stay with the manufacturer or go somewhere else. To me at least, that seems like a fair bargain.

But what if the automaker could offer a better deal? For both parties?

(Read More…)

By on December 7, 2012

Your personal information is valuable.

When I liquidated vehicles for Capital One, we typically examined over 14,000 variables before lending out our money to a customer.

Any customer. A credit card. An automobile. A commercial loan. It didn’t matter. We needed to get to know the economics of you first.

All of the low rates and big profits were dependent on buying your personal information, and then crafting decision models and metrics to determine your personal risk.

Our success in auto finance generated low rates for our customers and low delinquencies for our investors. But they both could have been far lower.

(Read More…)

Recent Comments

  • Re: What’s Next At TTAC

    Jeff Waingrow - Editing is an integral part of the writing process. It’s really not optional.
  • Re: Generation Why: A Sub-$30k Car “Wouldn’t Be A Lexus”

    speedlaw - Lexus is right here. A luxury brand SHOULD be aspirational. The 320i gets you the proper 3 frame, but with less power and...
  • Re: What’s Next At TTAC

    Jeff Waingrow - I’ve been suggesting this to Derek for a while now. Eventually, a way must be found to do this.
  • Re: Honda Dealerships Asked To Issue Wavers Over Defective Airbags

    Thatkat09 - I mean, I guess its better than not saying anything. At least the buyer of one of these used cars knows some things up and will...
  • Re: What’s Next At TTAC

    Jeff Waingrow - Hey, Dead Weight, a very, very good post. Maybe one of your best?
  • Re: Marchionne: Alfa Romeo Still Not For Sale

    bobman - I can’t believe some of the comments here regarding Alfa achieving its sales goals. The one that is the most ridiculous is lack of distribution. It...
  • Re: Generation Why: A Sub-$30k Car “Wouldn’t Be A Lexus”

    Quentin - Yeah, I usually agree with CR as well, but my test drive of an AWD IS350 F sport left me very impressed. The chassis and...
  • Re: What’s Next At TTAC

    FractureCritical - my only comment to the new EiC is to do things his own way. TTAC is a good site, but I see the same few people in the comment lines every day, and some...
  • Re: What’s Next At TTAC

    Thomas Kreutzer - As someone who has had things go live with some pretty glaring errors I too would value this, mostly because it would make me look a lot less like the chump I...
  • Re: What’s Next At TTAC

    psarhjinian - I’d help a bit, too. Democratized copy-editing, only we’d copy-edit first rather than in the comments.

New Car Research

Get a Free Dealer Quote

Staff

  • Authors

  • Brendan McAleer, Canada
  • Marcelo De Vasconcellos, Brazil
  • Matthias Gasnier, Australia
  • Tycho de Feyter, China
  • W. Christian 'Mental' Ward, Abu Dhabi
  • Mark Stevenson, Canada
  • Faisal Ali Khan, India