The automotive finance market continues to grow. According to Experian, buy-here, pay-here made up over 12% of the used vehicle finance market share during quarter two of 2018. During that same period, the subprime FICO scores exceeded that of approximately 18% of the U.S. population. Adding the buy…Read More
The 2018 Franchise Times Top 200+ list is officially live and Byrider made the ranking at No. 99! The Top 200+ is an annual ranking of the 500 largest franchise systems in the United States by global systemwide sales, based on the previous year's performance. The project is the result of a five-mont…Read More
Byrider is partnering with the American Heart Association in February for the Life Is Why We Give Campaign, LIWWG. Attached here is a message from Byrider CEO, Craig Peters, sharing why we are partnering with AHA and the Life is Why We Give Campaign. Every Company Store will be receiving AHA promoti…Read More
So-called alternative credit-data sources such as records of phone and cable TV payment histories are gaining greater acceptance among automotive lenders in deciding whether to finance a vehicle purchase. So says Peter Oburu, vice president-automotive analytics for Equifax, a credit tracking and ana…Read More
NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) announces the preliminary ratings to four classes of notes issued by CarNow Auto Receivables Trust 2017-1 (“CNART 2017-1”), a subprime auto asset-backed securities transaction. CNART 2017-1 will issue $126.32 million of notes collatera…Read More
Byrider recently celebrated with the buy-here, pay-here corporation’s 54 owners at the company’s annual convention in Hollywood, Fla. At the event, three Midwestern dealers won top honors as a part of Byrider’s annual award program. The Franchise of the Year winners were chosen in three catego…Read More
Byrider announced a major change in leadership on Tuesday as the franchise network of buy-here, pay-here dealerships recently appointed Craig Peters as chief executive officer, replacing Steve Wedding, who served the company for 25 years. The company indicated Wedding will support the transition as …Read More
CARMEL, Ind., and MESA, Ariz. — This is the kind of market penetration level SecureClose chief executive officer Ace Christian envisioned when he launched the technology company aimed at leveraging digital technology to streamline the explanation of vehicle installment contracts during delivery. S…Read More
Ashland area residents that have credit challenges and need help getting back on their feet have another option for purchasing reliable cars, thanks to J.D. Byrider. The nation’s largest network of buy here pay here dealerships has just opened a new location in Ashland at 2813 Winchester Ave. Lear…Read More
