#91 Why consumer financing is broken in the US, Handling $1.5B in auto loans, Why Tesla loan performance is so puzzling | Amitay Kalmar, CEO of Lendbuzz

Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with Amitay Kalmar, CEO of Lendbuzz where we discuss: Why consumer financing is broken in the US, Handling 1.5B in auto loans, Auto lenders pulling out of the market, Why Tesla loan performance is so puzzling.

This episode of the Car Dealership Guy Podcast is brought to you by:

CDK Global - Empowering dealers with the tools and technology to build deeper customer relationships.

Learn more @ https://www.cdkglobal.com/dealership-xperience-platform

Auto Hauler Exchange - The Auto Hauler Exchange has revolutionized the way vehicle haulers and vehicle shippers collaborate. The Exchange is the first digital marketplace of its kind in the vehicle logistics industry. Learn more @ https://www.autohaulerexchange.com/

LendBuzz - Expand access to credit with a simple and fast auto loan process that looks at you - not just your credit score. Learn more at https://www.lendbuzz.com/

Car Dealership Guy Industry Job Board - Connecting world-class talent with top-notch companies in Automotive. Find your next role—or start hiring today—at CDGJobs.com.

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Topics:

(00:00:00) - Intro

(00:01:50) - Amitay’s journey into auto

(00:04:06) - What did you see that was broken in auto lending?

(00:08:37) - What’s the current state of auto lending?

(00:12:12) - What are you trying to solve with LendBuzz?

(00:14:36) - How do you create a profitable business model?

(00:18:47) - How big is your target market?

(00:20:53) - What trends are you seeing in loan performance right now?

(00:24:21) - What’s driving the growth in captives?

(00:26:12) - The state of digital retailing concerning lending integration?

(00:31:38) - Do you have any aspirations to branch into other areas of the industry?

(00:33:24) - What’s exciting to you these days?

Check out Lendbuzz here.

Check out the website for more (https://dealershipguy.com) and follow me on X @GuyDealership! (https://x.com/guydealership)

This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.