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Credit availability and affordability improved year over year, despite average transaction prices inching up as tax refund season arrives and lenders loosen credit. The Dealertrack Credit Availability Index rose to 95.9 in February, up 3% year over year, marking the highest level of auto credit access since December 2022, according to Cox Automotive. Dealertrack Credit […]
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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
