Scot Seagrave Promoted to President of AFS Acceptance LLC
Ft. Lauderdale, FL. – AFS Acceptance LLC promoted Scot Seagrave to president.Since joining AFS Acceptance in 2011 as executive vice president of Loan Originations, Seagrave has steered the transformation of the loan origination team into a cohesive unit delivering consistent and efficient solutions to AFS dealer partners. Seagrave has demonstrated to be a progressive and effective leader driving improvements and efficiency across the organization. Prior to his tenure with AFS, Seagrave worked as senior vice president for Prestige Financial Services in the same role.
In his new post as president, Seagrave will have overall responsibility for the sales and operations areas of the company, which include loan originations, loan servicing, human resources and other divisions critical to the mission of AFS. Seagrave will continue to drive the growth and execution of corporate culture, corporate strategy, operational and technical efficiencies, and advance continuing efforts to improve the service and overall profitability to all divisions.
Seagrave, who is looking forward to the new role, said, “AFS has experienced solid growth in the last few years and I’m excited to work with our phenomenal team to accomplish our goal of becoming one of the premier auto finance companies in the country. We are well positioned to increase our market share and we will continue to work hard to strengthen our relationships with dealers around the country.”
Dov Szapiro, who remains CEO and continues to have overall executive responsibility for the company, commented, “Scot is a remarkable leader. In the two years that we've worked together, he has demonstrated a rare ability to blend tremendous passion, ingenuity and creativity, with a deep knowledge and understanding of the business. Scot’s organizational vision & cultural initiatives are impactful, inspirational and fun. I’m looking forward to seeing him drive the next stage of the Company's evolution, and the resulting transformation, innovation and market leadership that will come from it."
With Seagrave’s appointment to president, the company also announces that co-founder and managing partner, Uri Szapiro will now serve as the full-time executive chairman, focusing on strategic planning and corporate development initiatives, including corporate vision, organizational culture and other business growth opportunities.
More Industry

Luxe N.C. Dealerships Change Hands
A collection of Italian and English brand franchises were handed off to the owner’s friend in the business and include the Carolinas’ only Ferrari retail stores.
Read More →
Exposure Drives Interest in Chinese Cars
At a recent demonstration, consumers had the chance to ride in a Chinese-branded vehicle, a firsthand experience that improved their perceptions and purchase intent.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Agent Advocate
Rob Mancuso, who comes from a long line of auto dealers, values general agents’ place in the industry and makes a case for them taking an even bigger seat at the table.
Read More →
Driving Under Distraction
Though consumers gave higher marks to new vehicles in JD Power’s most recent initial-quality poll, high-tech interference worsened, pointing to craving for simplicity.
Read More →
Affordable New Cars a Thing of the Past
More than one out of five new vehicles sell for more than $60,000, according to Edmunds. That's up 7% compared to prepandemic 2019.
Read More →
State Follows Federal Warning on Auto Ads
The Massachusetts attorney general cautioned the state’s automotive dealers to be upfront with the consuming public about their vehicle prices or risk punishment.
Read More →
Consumer Outlook on the Rise
Younger generations are feeling more positive about their financial futures and current affordability pressures than older generations, according to recent TransUnion data.
Read More →
Pennsylvania Dealership Under New Retailers
The sale of the Chrysler Dodge Jeep Ram store puts a family auto group on a leaner path as first-time dealers take the helm.
Read More →
Battery Storage Takes Priority Over EVs
U.S. automakers are prioritizing battery energy stationary storage over electric-vehicle production as the consumer demand for EVs lags the rest of the world.
Read More →