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Jessie Herdrich Auto Intel Summit July 2019 The evolution of repossession best practices: decreasing profits and the use of data in assignment decisioning

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Page 1: The evolution of repossession best practices: decreasing ... · Auto Intel Summit July 2019 The evolution of repossession best practices: decreasing profits and the use of data in

Jessie Herdrich

Auto Intel Summit

July 2019

The evolution of repossession best

practices: decreasing profits and the

use of data in assignment decisioning

Page 2: The evolution of repossession best practices: decreasing ... · Auto Intel Summit July 2019 The evolution of repossession best practices: decreasing profits and the use of data in

parnorthamerica.com

Increasing Costs

$-

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Avg Price Ford F-450 Super Duty Vehicle

$-

$0.50

$1.00

$1.50

$2.00

$2.50

$3.00

$3.50

$4.00

$4.50

$5.00

U.S. No 2 Diesel Retail Prices (Dollars per Gallon)

Page 3: The evolution of repossession best practices: decreasing ... · Auto Intel Summit July 2019 The evolution of repossession best practices: decreasing profits and the use of data in

parnorthamerica.com

Erosion of Fees

Page 4: The evolution of repossession best practices: decreasing ... · Auto Intel Summit July 2019 The evolution of repossession best practices: decreasing profits and the use of data in

parnorthamerica.com

Duplicate VINs

0

2

4

6

8

10

12

14

16

18

20

0

100000

200000

300000

400000

500000

600000

700000

2014 2015 2016 2017 2018

Number of Distinct VINs Number of Duplicate VINs

Percentage of Total Volume

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