Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Close to a year after the start of the COVID-19 pandemic, subprime market share has fallen below Great Recession levels, and affordability concerns continue to heighten. Subprime originations for used- and new-vehicle loans declined to 15.99% of the total market in the fourth quarter of 2020, down from 18.36% a year ago, according to Experian’s […]
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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
