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  • About Us
    • Remembering Jerry
  • Dealers
  • FAQ
  • News
  • Contact Us

News

man learning about about auto loans

Auto Loan Delinquency Rates: What’s the Current Status?

Posted on November 16, 2022 by Bay Motor Finance

COVID Relief brought stimulus money to people across the US. For some, it was a much-needed respite. It kept food on the table, the lights on, and roofs over heads. For many, those funds have ceased.  Our economy has hit a bit of a rough patch too. Inflation has brought…

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What is the Community Reinvestment Act’s Impact on Auto Finance?

Posted on September 26, 2022 (November 17, 2022) by Bay Motor Finance

At Bay Motor Finance, we feel it is essential to keep our clients informed of lending policies in the news, including the latest on the…

Read More Posted in Industry News
young couple speaking to care salesman

What You Need to Know about Vehicle Warranties

Posted on August 25, 2022 (November 17, 2022) by Bay Motor Finance

We’re protective of our things, more if they’re brand new. If it’s a new item that costs a lot of money, we take every step…

Read More Posted in Tips
young mother speaking with car salesperson about financing

How to Easily Explain Dealership Financing to Your Customers

Posted on July 26, 2022 (November 17, 2022) by Bay Motor Finance

You have a client ready to buy a car––outstanding! They’ve picked out their new ride, are excited to drive it off the lot, and all…

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car dealership showroom

What is an Automated Approval Process and How Might it Affect Your Customers?

Posted on July 1, 2022 (November 17, 2022) by Bay Motor Finance

Traditionally, automobile dealerships have had a “red phone” communication with lenders. Speaking directly to an underwriter has historically made it easy to discuss options for…

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aerial view of a car dealership

The Impact of the CFPB’s Changes on Lenders and Dealerships

Posted on May 26, 2022 (November 17, 2022) by Bay Motor Finance

The Consumer Financial Protection Bureau is concerned with rising costs in the automotive industry but, since the agency has no oversight of car dealerships, the…

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woman sitting on couch shopping online

Love It Or Hate It, Online Car Buying is Here to Stay

Posted on April 26, 2022 (November 17, 2022) by Bay Motor Finance

The days of customers wandering into your dealership looking for their next car may be nearing an end. Buying cars online is growing in popularity,…

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6619 Ritchie Hwy Suite 13
Glen Burnie, MD 21061

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