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"Drive to Success: Mastering Auto Finance" is a podcast that delves into the complexities of the auto finance industry, offering listeners expert insights and practical advice on loan options and vehicle refinancing. Each episode equips car buyers with the knowledge to navigate their financing decisions wisely, ensuring they achieve the best possible outcomes in their auto purchasing experiences.
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Brent Huisman took his talents and received his first opportunity in the business and finance world in 1998. Brent obtained his first position at GE Capital Auto Financial Services. During his 22 year career in the auto finance industry, Brent Huisman has utilized his marketing background to work for some of the largest names in the auto finance industry including GE Capital Auto Financial Services, JP Morgan Chase, ADESA, HSBC among others. Today, Brent Huisman has become an authority on va ...
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Mastering Auto Finance for Business Owners
12:29
12:29
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In this episode of Drive To Success: Mastering Auto Finance, we break down the essential steps for self-employed sole proprietors, LLCs, and C-Corporations to qualify for auto financing. Learn how business credit scores like the Dun & Bradstreet Paydex Score and Experian Business Score impact approvals, what financial documents lenders require, and…
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In this episode of Drive To Success: Mastering Auto Finance, we take a deep dive into auto fleet sales—what they are, who benefits from them, and the best financing strategies available. Whether you’re a small business owner, a corporate fleet manager, or a dealership looking to expand, understanding fleet sales can help you make smarter financial …
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Exploring Buy Here Pay Here Dealerships and Their Role in Auto Financing
12:55
12:55
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12:55
In this episode of Drive To Success: Mastering Auto Finance, we take an in-depth look at Buy Here Pay Here (BHPH) dealerships and how they shape the auto financing landscape. Discover how BHPH dealers serve high-risk customers with in-house financing, the impact of this model on credit-challenged buyers, and the financial risks and rewards for deal…
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The Importance of Auto Insurance Coverage When Buying a Vehicle
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12:30
In this episode of Drive To Success: Mastering Auto Finance, we take a deep dive into the importance of auto insurance when purchasing a new or used vehicle. We discuss why insurance is essential, how insurers calculate rates, and the factors that influence your premium. Plus, we break down the average insurance costs for sedans, SUVs, trucks, vans…
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The Hidden Truths Behind Date of First Use, GAP Insurance, and Over Allowance
10:07
10:07
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In this episode of Drive To Success: Mastering Auto Finance, we break down three key auto finance concepts that can impact your car purchase or lease: Date of First Use, GAP Insurance, and Over Allowance. Learn how the Date of First Use affects your vehicle’s warranty, whether GAP insurance is a smart investment or an unnecessary expense, and how d…
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In this episode of Drive To Success: Mastering Auto Finance, we take a deep dive into the world of remarketing, a critical but often overlooked aspect of auto finance. From lease returns and repossessions to dealer auctions and direct-to-consumer sales, we break down how vehicles are resold to maximize value and minimize losses. Learn how captive l…
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Unlocking the Secrets of a CARFAX Report & Spotting Title Washing
10:27
10:27
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10:27
Thinking about buying a used car? Don’t get stuck with a salvage title or hidden damage! In this episode of Drive To Success: Mastering Auto Finance, we break down how to read, review, and understand a CARFAX report to uncover a vehicle’s true history. We’ll also expose title washing, a deceptive practice where scammers erase a car’s accident histo…
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Floorplanning for Auto Dealers: The Pros, Cons, and Key Players
16:09
16:09
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16:09
In this episode of Drive To Success: Mastering Auto Finance, we take a deep dive into floorplanning for auto dealers—what it is, how it works, and why it’s a game-changer for managing inventory and cash flow. We’ll cover the advantages and disadvantages of floorplan financing, key requirements to qualify, and the top floorplan lenders in the indust…
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"Rebounding After Financial Setbacks: Navigating Auto Financing After Repossession and Bankruptcy"
11:50
11:50
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11:50
In this episode of Drive To Success: Mastering Auto Finance, we tackle one of the most challenging financial situations many people face—recovering from repossession and bankruptcy. Divided into six actionable segments, we explore: The differences between voluntary and involuntary repossession. Proactive strategies to avoid repossession before it h…
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"The Power Duo: OEMs and Captive Lenders in the Automotive Industry"
13:11
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In this episode of Drive to Success: Mastering Auto Finance, we take a deep dive into the critical relationship between Original Equipment Manufacturers (OEMs) and their captive lenders. Discover how this partnership shapes the automotive industry by boosting vehicle sales, providing seamless financing options, and fostering customer loyalty. We’ll…
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In this episode of Drive To Success: Mastering Auto Finance, we explore the ins and outs of auto loan refinancing and how it can help you save money, lower your monthly payments, or pay off your car sooner. Learn about top refinancing options from major lenders like LightStream, Bank of America, and Capital One, along with member-focused solutions …
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"Unlocking Credit Score Tiers: How Auto Lenders Set Your Loan Rates and Terms"
16:41
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16:41
In this episode of Drive to Success: Mastering Auto Finance, we’re diving into the fascinating world of credit score tiers and how they directly impact your auto financing options. Discover how lenders categorize credit scores into tiers—like excellent, good, fair, and poor—and use them to determine your loan's interest rates, terms, and even down …
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: The Hidden Costs of Car Ownership: Understanding Vehicle Valuation, Depreciation, and Financing
13:18
13:18
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13:18
In this episode of Drive To Success: Mastering Auto Finance, we dive into the hidden costs of vehicle ownership and explore how understanding vehicle valuation and depreciation can save you money. Learn why cars lose value over time, how depreciation impacts your wallet, and why the loan-to-value (LTV) ratio is crucial when financing a vehicle. We’…
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Unmasking Synthetic Fraud in Auto Finance: Prevention and Solutions
14:06
14:06
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14:06
In this episode of Drive to Success: Mastering Auto Finance, we tackle the growing threat of synthetic fraud—a sophisticated form of identity fraud that’s costing auto lenders millions. Learn how fraudsters create fake identities, why these schemes are so difficult to detect, and the real impact on the auto finance industry. We also explore the cut…
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"Strengthening the Auto Finance Funding Process: Fraud Detection and Verification Tools"
19:52
19:52
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19:52
In this episode of Drive to Success: Mastering Auto Finance, we explore how auto lenders can strengthen their funding processes with advanced fraud detection and verification tools. We dive into the critical role of platforms like LexisNexis Accurint, Point Predictive’s Auto Fraud Manager™, and The Work Number by Equifax. Learn how these tools help…
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Income Verification and Fraud Detection for Auto Loans
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16:36
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In this episode of "Drive to Success: Mastering Auto Finance," we take a deep dive into the income verification process that lenders use to qualify applicants for auto loans. We’ll discuss the various types of income that are considered, how each type is calculated, and what documents are needed for verification. Plus, we’ll explain how non-taxable…
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How the 5-Year Treasury Rate Affects Auto Loan Rates
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In this episode of Drive to Success: Mastering Auto Finance, we’re uncovering the mystery behind the 5-year Treasury rate and its impact on auto loan rates. Join John Lewis as he break down how lenders use Treasury yields to set interest rates for car loans, and what factors—like inflation and Federal Reserve policies—drive these changes. Whether y…
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"The Rise of Electric Vehicles: History, Infrastructure, and the Road Ahead"
17:16
17:16
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17:16
In this episode of Drive to Success: Mastering Auto Finance, we explore the fascinating journey of electric vehicles (EVs)—from their origins in the 19th century, to their early demise, and the modern resurgence that’s transforming the automotive industry. We break down the different types of EV chargers, their pros and cons, and the companies lead…
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Navigating the Regulatory Landscape in Auto Finance
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13:23
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In this episode of Drive to Success: Mastering Auto Finance, John Lewis breaks down the complex world of auto finance regulations to help you navigate the car-buying process with confidence. Key consumer protections enforced by the Consumer Financial Protection Bureau (CFPB) in regulating auto dealerships, this episode covers the essential rules yo…
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Understanding The Fundamentals of Auto Finance
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12:16
Welcome to the first episode of "Drive to Success: Mastering Auto Finance," where we embark on a journey to unravel the complexities of the auto financing world. Whether you're a first-time car buyer or looking to refine your knowledge about auto loans, this episode lays the groundwork for making informed decisions that align with your financial go…
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Brent Huisman - How Can New Immigrants Get Their First Debit and Credit Card Within U.S.
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Are you looking to start developing your financial profile as a newly arrived-immigrant in the United States? Use our guide to discover all you should be aware of about the U.S. credit score and how to open the first account with a bank, debit card as well as a credit card, in America. United States.…
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Brent Huisman - Build Your First Credit Score History, It's Easy
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Learn with Brent Huisman - Lenders often hesitate to grant credit cards to novices. If they do not have the right guidance, this can be a difficult task. How do you build your credit score? The answer is right here. Credit Score History money Brent Huisman BrentHuisman
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