Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
A shift toward dealership consolidation is likely to contribute to an uptick in acquisition financing and growth in floorplan lenders’ portfolios. Dealership buy/sell activity decreased 2.4% year over year in 2022 with 374 dealership transactions completed by yearend, according to Kerrigan Advisors’ 2022 annual Blue Sky Report. Still, the overall decline was offset by a […]
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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
