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Boat registrations and auction conversion rates dropped year over year in May, with dealers and lenders pointing to market uncertainty, high interest rates and gloomier weather. The price to book, or the minimum amount a seller is willing to accept at auction, and auction conversion, or what percent of every 1,000 boats at auction sell, […]
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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
