Lenders eye expanded leasing options as affordability challenges grow
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...

Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Captives are eyeing higher-profit finance and insurance products and faster lending times to strengthen relationships with dealer networks. Lenders can...
AI could exacerbate already record-high auto finance fraud, prompting lenders to lean on real-time prevention tools and require greater scrutiny...
Bank of America has expanded its dealer network to a record high as it works to connect dealers and consumers...
Captive Nissan Motor Acceptance Co.’s prime auto loan application volume has dropped while subprime and nonprime volumes have increased, Chief...
Chase Auto’s digital strategy separates its performance metrics into three pieces, Head of Retail and Consumer Strategy Rohan Kakar said...
The higher cost of living is exacerbating affordability concerns and prompting auto lenders to take a close look at rising delinquencies, asset pricing and innovative programs to...
Lenders and retailers are encouraging certified pre-owned lending and expressing interest in leasing certified pre-owned vehicles to offset affordability pressures...
A snowball effect started by rising gas prices could make it more difficult for subprime borrowers to afford vehicles, while...
NASHVILLE, Tenn. — Volkswagen Financial Services is gearing up to launch used-vehicle leasing, President and Chief Executive Ernst Jan van Eijkelenburg told Auto Finance...