Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Incentives have led to strong leasing penetration for EVs, with average monthly payments on leased vehicles below $400 even as most EVs cost more than $40,000. Average MSRP for electric SUVs with advertised lease incentives in June was $47,642, according to data as of June 5 provided to Auto Finance News from Cox Automotive.. Advertised […]
Already subscribed? Log in
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...
Auto lenders are looking to strengthen relationships to bolster dealer profitability amid uncertainty, margin compression and shifting consumer behavior. Auto...
David Thompson
David Thompson
David Thompson
