Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
RumbleOn plans to sell its consumer finance portfolio in the fourth quarter as the powersports retailer winds down its financing operations amid continued restructuring. RumbleOn in Q2 said it intended to sell its finance portfolio to pay down debt to its largest creditor, Oak Creek Capital, and plans to finalize the sale before yearend, Chief […]
Already subscribed? Log in
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
