Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
As the auto industry faces declining consumer demand amid macroeconomic uncertainty and high vehicle prices, lenders are feeling the squeeze and shifting operational strategies accordingly. Carvana’s financing volume dropped for the sixth straight month in October as high interest rates and inflation impact affordability, falling 24.3% year over year to 16,604 contracts, according to the […]
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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
