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Subscription services are making a comeback — especially for electric vehicles — but the fundamentals of this type of financing may stymie consumers’ future vehicle purchasing power in an already difficult market. Broadly, subscription services provide consumers use of a vehicle for an all-inclusive monthly fee that covers insurance, roadside assistance and maintenance. Some programs […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
