Vehicle Sales
AFN Composite Index
-0.8%
Inventory Index
SOFR (WoW)
New-vehicle APR 60 Mos.
AI-powered leasing fintech Ridero raised $2.7 million in pre-seed funding from several investors as it looks to expand access to residual-based financing. The startup’s platform enables dealers and lenders to originate leases and balloon loans on vehicles that have historically been hard to lease, especially used cars, Chief Executive Brock Thompson told Auto Finance News. […]
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
