Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Consumer affordability concerns have reawakened as monthly payments increase amid the auto industry’s continued recovery. March’s SAAR is forecast to hit 16.4 million units, a 53% year over year increase. Monthly new-vehicle loan payments hit a record high in the fourth quarter of 2020, coming in at $576, a $12 YoY increase, according to Experian. […]
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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
