Conference Recap and the 2016 Non-Prime Industry Survey

Hanover, Maryland – June 7, 2016 – The National Automotive Finance (NAF) Association held its 20th Annual Non-Prime Auto Financing Conference June 1 to 3, 2016 at the Dallas/Plano Marriott Legacy Town Center.
With over 350 people in attendance the conference provided a two-track menu of session offerings directed at the theme of Reimagining Non-Prime Auto Financing.

Highlights of the conference included:

  • Presenters from Great Places to Work and Google who spoke on company culture and team effectiveness
    Noted industry professional, Charlie Vogelheim, spoke on the future of auto finance
  • Key challenges facing the industry were addressed in panel sessions on industry funding, vehicle values and alternative data usage and regulation
  • Regular conference contributors, Tom Webb, Manheim/Cox Automotive’s Chief Economist, and Amy Martin, Senior Director at Standard & Poor’s, provided their popular annual used car / economic forecast and an overview of the auto ABS market
  • The NAF Association Legal Committee presented a comprehensive overview of regulatory and litigation developments affecting non-prime auto financing

An overview of the NAF/AFSA annual non-prime auto financing survey was also presented during the conference. Survey content from 50 contributing sub-prime auto financing companies has continued to increase and data contributions by TransUnion and FactorTrust have further improved the value of 50+ page report. The report will be released June 30th and made available to non-members for $500. The report can be purchased through the Association’s website, www.nafassociation.com .

The 2017 conference has been scheduled for May 31 to June 2 , 201 7 and will be held in the Dallas area at a location to be announced.