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Consumers turned to leasing in the third quarter to help alleviate affordability pressures amid elevated interest rates. Borrowers saved a “meaningful” amount of cash by leasing in the quarter, Mark Chandler, vice president of business development at Credit Union Leasing of America (CULA), told Auto Finance News. “Affordability is not only affecting lenders. It’s affecting […]
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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
