Lithia Motors’ finance arm, Driveway Finance, originated $732 million in loans during the third quarter, marking its sixth consecutive quarter of year-over-year origination growth. Driveway Finance’s (DFC) originations climbed 41.3% year over year and 0.1% quarter over quarter, according to Lithia’s earnings presentation today. The average percentage rate landed at 8.8%, down from 9.8% YoY […]
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