Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Sustained affordability concerns and stabilized interest rates led to a surge in auto refinance volume in the second quarter. Refinance volume rose 69.1% year over year in Q2 to 115,000, according to Experian’s Q2 State of the Automotive Finance Market Report published Aug. 28. Refi volume also climbed 29% from Q2 2020. Centennial, Colo.-based auto […]
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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
