Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
The Secured Overnight Financing Rate Index, which tracks the cumulative compounded effect of short-term funding costs in capital markets, increased 4% year over year in mid-July. The index, published every business day by the Federal Reserve Bank of New York, rose 0.3% month over month to 1.25, according to data through today. SOFR Index movement The SOFR daily rate at the […]
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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
