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Auto industry leaders are balancing two affordability considerations when structuring auto loans: keeping monthly payments manageable and leaving room for coverage that can help absorb a breakdown or total loss. Loan-to-value (LTV) limits are affecting service-contract financing at Bloomington, Minn.-based Walser Automotive Group, Jennifer Parsons, senior director of finance and insurance (F&I), told Auto Finance […]
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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
