Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
The average listing price on used vehicles surpassed $22,000 for the first time ever at the end of April, a symptom of continued supply woes. Used inventory sat at 2.23 million units, or 35 days’ supply, at the end of April 2021, according to vAuto data. This is down from 2.34 million units 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
