At Used Car Week 2020, I talked with Zach Hallowell from Manheim Digital Solutions about both the challenges and opportunities we observed and experienced across the auto lending and repo industries during COVID-19. One key factor we discussed was how much the pandemic has changed buyer behavior. Zach talked about
Questions 1. What do you like most about working at DRN? What I like most about working at DRN is the atmosphere of growth. Whether that’s in our team, the products we offer, or even our clients’ needs and the industry itself. We are always asking ourselves how we can
The buy here pay here (BHPH) market has traditionally relied on GPS to find vehicles with defaulted loans. Unfortunately, it’s become relatively easy for borrowers to tamper with or disengage GPS systems, making them only somewhat effective in tracking down vehicles. This is where license plate recognition (LPR) technology comes
Jamie Kidd joined DRN in 2017 after working in several field sales roles for other technology companies. Jamie covers midwestern states including Alabama, Arkansas, Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, Michigan, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Tennessee, Virginia, West Virginia, Wisconsin and has recently expanded his territory to
At Used Car Week 2020, DRN’s sister company MVTrac participated in a panel discussion about effects of the pandemic on the repossession industry, and keys to how it will recover in 2021 and beyond. Some of COVID-19’s most significant impacts on the vehicle repo industry include: Decreased volume: General business
At Used Car Week 2020, I talked with Zach Hallowell from Manheim Digital Solutions about both the challenges and opportunities we observed and experienced across the auto lending and repo industries during COVID-19. One key factor we discussed was how much the pandemic has changed buyer behavior. Zach talked about
Questions 1. What do you like most about working at DRN? What I like most about working at DRN is the atmosphere of growth. Whether that’s in our team, the products we offer, or even our clients’ needs and the industry itself. We are always asking ourselves how we can
The buy here pay here (BHPH) market has traditionally relied on GPS to find vehicles with defaulted loans. Unfortunately, it’s become relatively easy for borrowers to tamper with or disengage GPS systems, making them only somewhat effective in tracking down vehicles. This is where license plate recognition (LPR) technology comes
Jamie Kidd joined DRN in 2017 after working in several field sales roles for other technology companies. Jamie covers midwestern states including Alabama, Arkansas, Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, Michigan, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Tennessee, Virginia, West Virginia, Wisconsin and has recently expanded his territory to
At Used Car Week 2020, DRN’s sister company MVTrac participated in a panel discussion about effects of the pandemic on the repossession industry, and keys to how it will recover in 2021 and beyond. Some of COVID-19’s most significant impacts on the vehicle repo industry include: Decreased volume: General business