Vehicle Sales
AFN Composite Index
-0.8%
Inventory Index
SOFR (WoW)
New-vehicle APR 60 Mos.
Strong investor demand across Carvana’s loan distribution channels is helping drive down its funding costs. “We’ve continued to find fundamental gains and get more efficient as a business and add various loan buyer partners that lower our effective cost of funds,” Carvana Chief Executive Ernie Garcia said in the company’s third-quarter earnings call last week. […]
Already subscribed? Log in
After being bolstered by wealthy customers in 2026, the auto industry must prioritize middle-market consumers to grow in 2027, experts...
When it comes to purchasing a motorcycle, boat or RV today, consumers are increasingly looking for products that have already...
Auto lenders are turning to the asset-backed securitization market to lock in capital ahead of potential late-year interest rate volatility...
Despite residual forecasting challenges, cost barriers and incentive competition, captives and credit unions continue to mull used-vehicle leasing to grow...
David Thompson
David Thompson
David Thompson
