Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Used-vehicle prices continue to recover as inventory remains low. The July Manheim Used Vehicle Value Index sits at a record high of 158.0, a month-to-month increase of 5.83% from 149.3 in June and a year-over-year increase of 12.5%. The used-retail seasonally adjusted annualized rate (SAAR) is also improving and is estimated at 20.4 million, a 7.94% increase from June but a YoY decrease […]
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
