Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
To improve customer loyalty, BECU automatically rescores and reprices outstanding consumer auto loans yearly if a consumer shows consistent payment history. The Tukwila, Wash.-based credit union’s repricing program rewards consumers who stay current on their loan throughout the year by lowering the interest rate for the remainder of the term, Jayson Amandus, vice president […]
Already subscribed? Log in
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
