Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
United Auto Credit’s penetration rate improved in the third quarter as parent company Vroom’s finance and insurance revenue jumped as the retailer focused on growing its captive finance capabilities. While Vroom did not break out UACC-specific originations in Q3, Chief Executive Tom Shortt said today during the company’s earnings call that UACC originated more than […]
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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
