Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
AutoNation Finance on May 21 issued its inaugural auto asset-backed securitization deal, a $700 million transaction backed by prime auto loans. The deal carried a weighted-average fixed interest rate of 4.9% and was upsized from an initial $500 million, according to a company release. “The final interest rate was competitive, lower than the cost of […]
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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
