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CPS Franchised Dealer Program Highlights
CPS has been active in subprime auto finance since 1991. CPS offers 7 auto finance programs—from deep subprime to nonprime. We cover the full credit spectrum except for prime paper. CPS uses a criteria based program and a proprietary internal score card to decision applications. Our program is straight forward and consistent—and we’ll rehash deals that make sense. The key to fast funding is a complete contract package with accurate information.
Highlights of the program include:
  • No minimum FICO score (yes, we finance <500 FICO’s)
  • 115% +++ advance to a maximum 140% loan-to-value
  • Up to 2.5 points reserve on 4 of our 7 programs
  • Dealer can choose Kelley or NADA values
  • Automated decisions for instant answers on your credit applications
  • Access via DealerTrack, RouteOne or the CPS web site
  • Professional marketing representatives that know our programs and help you make deals
 
To see how the CPS programs can help you sell more cars and make more money, contact the CPS Marketing Department at 1-800-304-6812.