Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
New-vehicle prices have never been higher, and that doesn’t bode well for lengthening loan terms. Average transaction prices for new vehicles hit a record high of $49,507 at the end of 2022 — a 4.9% year-over-year increase — and show no signs of slowing down with new, tech-heavy vehicles set to hit the market in […]
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Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
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Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
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David Thompson
David Thompson
David Thompson
