Ireland’s Financial Guide For High Earners. Subscribe to the Ask About Wealth podcast to stay up to date on what matters when it comes to turning your income into wealth and navigating the Irish financial system. Hosted on Acast. See acast.com/privacy for more information.
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Auto Finance Roadmap Podcasts
Auto Finance News is pleased to present The Roadmap, the podcast on best practices and trending topics in automotive lending and leasing. If you are in auto finance, this is your podcast. Auto Finance News, published by Royal Media, is the flagship publication for the auto finance industry. Published since 1996, Auto Finance News is the nation’s leading source for news, insights and analysis on automotive lending and leasing. Auto Finance News offers a Premium subscription service, which inc ...
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The compliance industry continues to face headwinds as funding for the Consumer Financial Protection Bureau is in jeopardy after the Department of Justice recently ruled that the bureau cannot request money from the Federal Reserve. The DOJ’s Nov. 7 ruling states that the “combine earnings of the Federal Reserve system” — laid out by the Dodd-Frank…
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The Future of Irish Pensions: Auto-Enrolment, Property & PRSAs
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47:55Book a 1:1 Consultation & Financial Plan With Paul https://askaboutwealth.ie/consultancy Get Unbiased Property Guidance and a Free Mortgage Consultation https://linktr.ee/ask.about.property This week, we're joined once again by Aidan McLoughlin, Group Managing Director of ITC, to discuss the upcoming changes to pensions in Ireland and to help you b…
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Avoiding Inheritance and Succession Pitfalls in Ireland
37:41
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37:41Book a 1:1 Consultation & Financial Plan With Paul https://askaboutwealth.ie/consultancy Get Unbiased Property Guidance and a Free Mortgage Consultation https://linktr.ee/ask.about.property You can contact Jacquelyn and learn more about The Journey here: https://thejourney.ie/ In this episode, we are delighted to welcome Jacquelyn Dunne, solicitor …
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CarMax replaces CEO, EV makers report Q3 growth as car sales mixed
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3:56Auto retailers and fintechs mostly reported growth in the third quarter amid mixed October retail sales, flat vehicle values and some layoffs. CarMax named David McCreight as its interim president and CEO, replacing Bill Nash, effective Dec. 1. Nash is not retiring, and the shakeup comes as the Richmond, Va.-based retailer’s comparable store used-v…
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Lenders eye affordability, subprime finance as credit performance weakens
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4:24Auto lenders are homing in on key areas of underwriting to manage risk and grow in 2026 as the subprime market continues to face challenges with credit performance and affordability. Improved loan decisioning, declining interest rates, the use of data and analytics, and responsible growth are top of mind for auto lenders into next year, leaders sai…
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Book a 1:1 Consultation & Financial Plan With Paul https://linktr.ee/askaboutwealth Get Unbiased Property Guidance and a Free Consultation https://linktr.ee/ask.about.property You can learn more about Gavin here: https://gavinjgallagher.com/ In this episode of the Ask About Wealth Podcast, we welcome back Gavin J Gallagher, a seasoned property inve…
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Book Your 1:1 Consultation & Financial Plan https://linktr.ee/askaboutwealth Get Unbiased Expert Property Guidance https://linktr.ee/ask.about.property You can learn more about Michael and the F.I.R.E. movement here https://www.firepodcast.ie/ In this episode of the Ask About Wealth Podcast, we welcome Michael Houghton, a prominent figure in the FI…
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Tricolor bankruptcy prompts calls for transparency, portfolio reviews
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12:52
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12:52Investors are seeking more transparency following Tricolor’s Chapter 7 bankruptcy filing last month, which has also prompted several auto lenders to review their books and assure investors of loan quality and operational health. The auto finance industry and asset-backed securitization issuers could benefit from more transparency and consistency in…
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Book Your 1:1 Consultation & Financial Plan https://linktr.ee/askaboutwealth Get Unbiased Expert Property Guidance https://www.askaboutproperty.ie/ Understanding the Employment Investment Incentive Scheme (EIIS) In this episode of the Ask About Wealth podcast we discuss the Employment Investment Incentive Scheme (EIIS). We delve into what EIIS tax …
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Auto Finance Summit 2025 highlights industry strength, challenges
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6:13Auto Finance Summit 2025 shed light on how auto lenders are responding to challenges facing the wider market, including credit performance, affordability and evolving technologies. Following subprime buy here, pay here lender Tricolor’s Sept. 10 Chapter 7 bankruptcy filing, auto asset-backed securities spreads widened, Kayvan Darouian, director of …
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Budget 2026 - New Tax Rules, New Opportunities
18:28
18:28
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18:28Book Your 1:1 Consultation & Financial Plan https://linktr.ee/askaboutwealth Get Unbiased Expert Property Guidance https://www.askaboutproperty.ie/ In this episode of the Ask About Wealth Podcast, we dive into the 2026 budget with a focus on high earners and business owners. Key topics include income tax, changes to entrepreneurial relief, updates …
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Powersports trends, Tricolor bankruptcy latest and preview of Auto Finance Summit 2025
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8:40The powersports industry continues to grapple with volatile market conditions including rising prices, falling sales, waning consumer demand and a rapidly changing compliance landscape, but there are some lenders and dealers who have proven themselves resilient. Auto Finance News today announced 11 powersports executives to watch heading into 2026 …
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Tricolor court proceedings begin, fraud investigation confirmed
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6:59By Auto Finance News
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Sales, supply, promotions dominate Powersports Finance Summit 2025
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5:28
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5:28Powersports dealers are working closely with manufacturers to balance supply with a decline in sales and worsened consumer confidence, themes that were prevalent during Powersports Finance Summit 2025, held Sept. 23-24 in Columbus, Ohio. Lender Octane, for one, is working to provide the technology and finance programs needed to support dealerships …
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The BIGGEST Budget Mistakes Ireland Ever Made
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17:26In this episode, we delve into the 3 worst historical budget decisions and the 3 best, we also look at current opportunities that came out of past budgets are still available. Discover how these decisions have shaped the economy and what lessons they provide for future budget considerations. 00:00 Introduction to the Irish Budget 00:26 Historical B…
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An automotive business expert breaks down the Tricolor bankruptcy
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15:23As the Department of Justice investigates the alleged fraudulent claims against Tricolor Auto Acceptance, one expert warns that there may not be enough collateral to satisfy the subprime lender’s outstanding debt with all its financiers. In more common bankruptcy scenarios, assets are liquidated to repay outstanding debt. “What makes it a little bi…
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Tricolor Auto Acceptance’s chapter 7 bankruptcy filing on Sept. 10 has led to ratings downgrades for the financier and talks of potentially wider implications for the buy here, pay here and subprime markets. The Texas-based buy here, pay here retailer and lender closed its dealerships in tandem with its filing for liquidation. Since then, ratings a…
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How to Legally Avoid Inheritance Tax in Ireland
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30:10Navigating Ireland's Most Unfair Tax: 9 Strategies to Minimise Inheritance and Gift Tax In this episode of the Ask About Wealth podcast, we delve into the complexities of Ireland's inheritance and gift tax, detailing its history, current rates, and thresholds. We explain why this tax is considered unfair and higher than ever, largely due to thresho…
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BHPH dealer Oak Motors’ applications up 30%, approvals fall
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30:54Buy here, pay here dealership Oak Motors is slowing approval of credit applications as long-term affordability concerns persists and despite increased volume. Anderson, Ind.-based Oak Motors’ applications were up 30% year over year at the beginning of September, according to data the dealership group provided to Auto Finance News. The dealership gr…
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The Ultimate Roadmap for High Income Earners
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25:21In this episode, we explore the essential steps for high earners in Ireland to transform their income into lasting wealth. This comprehensive guide is aimed at helping you achieve the best financial outcome for your unique circumstances, with practical insight and strategies tailored for high earners. 🇮🇪 Ask About Wealth helps high-earners in Irela…
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Floorplan finance fraud on the rise; CUs lean into auto
11:48
11:48
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11:48As fraudulent activity picks up across the automotive industry, floorplan financiers are also seeing an uptick in dealers disappearing with vehicles or submitting false documents. Floorplan lenders such as NextGear Capital and Westlake Flooring Services in recent months saw a rise in the volume of fraud and more dealers defaulting on their lines of…
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Are you interested in securing a mortgage for an investment property with a premium broker? Ask About Wealth has partnered with several of Ireland's top brokers. If you'd like to be introduced to one, you can submit a request here: https://xep6a7it4qk.typeform.com/to/M04SxRkt In this episode, we explore how property investment has historically been…
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Proposed CFPB rule change teases win for nonbank lenders
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6:46
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6:46Nonbank auto lenders may soon have a reason to celebrate, following a proposed rule change by the Consumer Financial Protection Bureau to how it defines larger participants of the auto market. On Aug. 7, the bureau filed an advanced notice of proposed rulemaking to change the definition of a larger participant in auto to nonbank entities with up to…
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Podcast: Vehicle repair costs up 43% since 2019, Synchrony says
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20:19Amid sustained inflation, more high-tech vehicles in the market and tariff-induced uncertainty, aftermarket repair costs are steadily climbing. Vehicle repair costs are up 43% since 2019 to an average of up to $1,700 per visit, according to data provided to Auto Finance News by lender Synchrony Financial. Three factors contributed to the rise, Keit…
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The 3 Tax Savings Your Accountant Didn't Tell You About
23:53
23:53
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23:53Are you about to overpay your taxes… again? Every year, Irish taxpayers leave €400 million in unclaimed reliefs behind them. And no, it’s not because they’re lazy. It’s because their accountants aren’t telling them about the biggest legal tax breaks available. Not because accountants are bad people, but because their job is to look backwards and fi…
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Carvana’s sales surge in Q2, Ford Credit, retailers’ results mixed
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7:18Auto companies saw mixed results in the second quarter related to sales and finance volume, as Carvana’s originations surged, Ford Credit’s earnings rose and Credit Acceptance Corp. and Penske Automotive faced declines. Carvana’s originations soared 51.1% year over year in Q2 to $3.1 billion, while Credit Acceptance Corp.’s originations plummeted 1…
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Most property investors in Ireland are leaving thousands of euros on the table. In this episode of Ask About Wealth, Paul sits down with Philip O’Connor, Managing Director of CA Partners, a specialist in capital allowances for property investors and businesses. Philip reveals how Irish taxpayers, individuals, landlords, and business owners are miss…
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Pagaya president speaks to fintech’s lending strategy
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27:53
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27:53Pagaya Technology’s lenders are leaning on the expansion of their dealership networks for growth as credit quality worsens and credit access remains mixed. Credit access climbed 3.6% year over year and 0.8% month over month in June according to the DealerTrack Credit Availability Index published July 10. This marked the second consecutive month of …
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Should You Pay Off Your Mortgage Early or Invest The Money?
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16:33Should You Repay Your Mortgage Early? The Pros & Cons Explained. In this episode, we delve into the question of whether you should repay your mortgage early. With recent statistics showing substantial mortgage debt in Ireland, we examine the pros and cons of early repayment versus investing the money. Utilising real-life examples and detailed calcu…
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Ally, Chase, Wells see auto origination growth in Q2
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9:39Ally Financial, Chase Auto and Wells Fargo Auto all reported an increase in auto originations in the second quarter, driven in part by a pull-ahead in car purchases by consumers anxious to buy before tariff-induced price rises. Ally Financial’s auto originations jumped 12.2% year over year in Q2 to $11 billion, while Chase Auto’s originations ticke…
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Used EV sales outpace new as Trump bill ends tax credits
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8:52
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8:52President Donald Trump’s One Big Beautiful Bill marks the end of the federal EV tax credits at a time when sales of used EVs and hybrids are ramping up and new EV sales are slowing. The bill, signed July 4, could spur additional incentives at the state level and from manufacturers as the federal credits end nearly seven years early. The bill moves …
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How to F.I.R.E - Financial Independence Retire Early
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17:48In this episode of Ask About Wealth, Paul tackles one of the most misunderstood yet life-changing ideas in finance: the FIRE movement, Financial Independence, Retire Early. With just 3% of Irish people believing they can retire by 55, Paul explores why the majority are stuck in the rat race and how you can break free. Learn how to calculate your fi…
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Second-quarter sales of new autos were mixed following a spike in March and April ahead of tariffs taking effect, while incentives were robust during the Independence Day holiday weekend. Most major manufacturers saw a rise in vehicle sales in Q2, with General Motors and Hyundai Motor America reporting the best first half of the year in terms of sa…
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Used-EV market ramps up as tax credit end looms
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7:59Sales of used electric vehicles are ramping up as it becomes more likely the federal EV tax credit will end and as off-lease EVs return to market. Second-quarter used EV sales are projected to surpass 100,000 units, setting a record and following a 32.1% year-over-year jump in May to 36,609 units. By contrast, new-EV sales declined 10.7% YoY in May…
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Succession Planning - Inheritance Tax, Trusts & Wills
38:55
38:55
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38:55In this episode of Ask About Wealth, Paul sits down with Andrea McNamara, Director, Private Client Law at EY Ireland, to dissect the real-life pitfalls of inheritance planning in Ireland. From outdated wills to misunderstood tax implications. When and how wills can be legally challenged Common clauses that sound good but can cause major problems la…
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Motorhome auction volume up from April to May
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19:23Listen to this special episode of the “Weekly Wrap” podcast, as Black Book’s Lawrence and National Powersport Auction’s Amata join Auto Finance News Associate Editor Aidan Bush to discuss motorhome and towable trends for the week ended June 20.By Auto Finance News
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Lessons From Budapest: The Truth About Financial Advice
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17:22Using a cautionary tale from the Celtic Tiger days and hard-earned experience, Paul exposes how biased information leads to poor decisions, and why impartial guidance is rarer (and more valuable) than most people realise. Key Takeaways: The costly Budapest property story every investor should hear How to tell if your financial advice is truly indep…
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Credit access improves, but some borrowers turn to credit builder loans
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7:07While credit access improved in May and vehicle prices were steady, affordability remained a concern, especially for credit-challenged consumers who face multiple forms of debt. The Dealertrack Credit Availability Index increased 2% year over year in May to 96.7 as credit unions and banks loosened standards and approval rates improved. At the same …
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Repos up as prices rise, stronger sales cut supply
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9:55
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9:55Amid increased vehicle values, a rise in vehicle repossessions and continued tariff-induced uncertainty, Auto and powersports players are implementing new leadership, positioning themselves for growth and weighing incentives to weather macroeconomic challenges. Prices for every major vehicle segment except compact cars saw a year-over-year increase…
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Tariff uncertainty continues to define auto, powersports markets
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5:35
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5:35Major players in the auto and powersports industries continue to adapt to the rapidly changing macroeconomic environment teeming with the effects of tariffs and rising inflation. Where some see opportunity, others see indications of a challenging fiscal year. As consumers continue to grapple with affordability, which has been further pressured by t…
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Tax-Efficient Pension Strategies for High Earners
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47:09In this episode, Paul sits down once again with Aidan McLoughlin, Group Managing Director of ITC, to discuss how pensions can be used far beyond traditional retirement saving, as powerful tools for long-term wealth accumulation, tax sheltering, property investment, and legacy planning. They also dig into Malta-based retirement structures, why more …
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AI, tariffs, EVs, compliance take center stage at AFS East 2025
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4:30Uncertainty defined much of the conversation at Auto Finance Summit East 2025 last week in Nashville, Tenn., with auto lenders highlighting affordability, auto tariffs, EV dynamics and technology as top-of-mind considerations headed into the rest of the year. Auto tariffs were a resounding theme throughout the event, as lenders discussed inventory …
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How Private Equity Investing Really Works
1:00:32
1:00:32
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1:00:32In this episode, Paul talks with private equity expert Kevin MacSweeny about how entrepreneurs can release equity, unlock value, and scale their businesses. Without losing control. Key takeaways: Why equity release can help founders de-risk and still double or triple their business The difference between working in the business vs. on the business,…
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Sole Trader vs. Partnership vs. Limited Company: Which is Best for Your Business in Ireland? In this video, we delve into the three primary business structures in Ireland. Sole tradership, partnership, and limited companies. We explore the tax implications, risks, and wealth creation potential associated with each structure. Learn why limited compa…
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Synchrony’s Medrano, Broward Motorsports’ Reyes talk financing support
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21:16Powersports lender Synchrony is working closely with dealerships to align financing options with consumer appetite and sales goals. West Palm Beach, Fla.-based Broward Motorsports of Palm Beach, for one, benefits from offering low-rate financing options through financiers such as Synchrony, Alex Reyes, sales manager at the motorcycle dealership, to…
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How to Survive & Thrive in a Market Crash
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16:47Markets are down, headlines are panicking, but should you be? In this episode, Paul explains why most investors worry at exactly the wrong time and how to stay calm, rational, and profitable when markets drop. 💡 You’ll learn: - Why "you haven’t lost money" unless you sell - How pensions = stock market exposure (whether you realise it or not) - The …
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Capital One’s Annie Fallows talks AI evolution
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16:10Capital One is looking at ways to expand the use of AI-based agents on the heels of launching its agentic AI-based tool, Chat Concierge, earlier this year. Chat Concierge answers customer queries and can help with tasks such as comparing available vehicles and exploring financing options online before consumers head to a dealership. In building its…
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This Week on the Ask About Wealth Podcast Not all investments are created equal, and not all of them should do the same job. In this episode, Paul breaks down the real reason most people mess up their investment strategy, and how to avoid it with the core and satellite approach. 💡 You’ll learn: Why your investment objectives matter more than your a…
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Ally Financial, Huntington originations rise in Q1
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5:17First-quarter bank earnings highlighted mixed results as some banks saw an uptick in originations and leasing volume, while credit performance largely improved. Ally Financial’s auto originations increased 4.1% year over year as lease originations were up 28.6% YoY. The bank’s retail auto delinquencies declined 9 basis points (bps) YoY to 3.79%. Ac…
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Pre-tariff car prices hold, Q1 earnings kick off
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5:48Credit access improved and vehicle prices were steady in March before tariffs took effect, while the first wave of first-quarter earnings point to growth for auto lenders. Auto loan approval rates and subprime share increased in March, contributing to improved credit access. Increased demand ahead of the tariff-induced price hikes led to a surge in…
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