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Consumers have more negative equity in their cars this year than they did in 2025, and that’s hurting consumers’ trade-in values and dealers’ acquisition strategies. Tampa, Fla.-based Morgan Auto Group reported a surge of consumers with negative equity in June and July, Vice President of Financial Services Justin Buzzell told Auto Finance News. The increase […]
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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
