Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
The auto finance landscape is becoming increasingly competitive, with more buyers arriving at showrooms (or used car lots) with pre-approved credit from direct lenders. Dealers find it challenging to present truly competitive offers. Those who do so by leveraging analytics to build risk-based pricing models are able to widen margins while accelerating loan origination.
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
