Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Some dealerships are leaning on trade-in vehicles and cars purchased directly from consumers rather than buying at auction to build used-vehicle supply, as auction prices continue to remain elevated and rental companies bring additional competition. At Fowler Automotive, for one, average trade-in volume consistently hovers around 70%, President Jonathan Fowler told Auto Finance News. “We’ve […]
Already subscribed? Log in
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
