Rising demand for cheaper, off-lease EVs drove wholesale values higher and led dealers to push incentives on new EVs in May.  With the expiration of the EV tax credit ...

More middle-income consumers are opting for newer, used vehicles as the gap grows between lower- and higher-income households.   The economy has shifted from a “K-shape” to an “E-shape,” defined ...

One of the most common questions lenders ask today is how to confidently evaluate self-employed income as the gig economy continues to ...

Navy Federal Credit Union has extended used-vehicle financing terms to 84 months and lowered auto loan interest rates in the past week as the overall cost of ...

Used-car financing gained ground in the first quarter as affordability pressures continued to push consumers away from higher-priced new vehicles.  ...

The industrial bank under Toyota’s captive grew its retail auto portfolio to $4.1 billion in the first quarter after originating ...

Yamaha Motor Finance Corp. USA on June 1 closed a $400 million dealer floorplan asset-backed securitization transaction, its first term ABS ...

Lenders financed more used vehicles in the first quarter as monthly payments and loan amounts rose at a slower rate ...