Price competition between dealers ramps up
Lending remains tight but appetite increases
Pricing competition has ramped up among dealerships as inventory returns to more normal levels and lenders’ appetite for auto loans increases. For Ricart Automotive Group in Groveport, Ohio, many lenders are buying prime and superprime loans, but credit access remains limited in the lower credit segment, President Rick Ricart told Auto Finance News. “We’re starting […]
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