Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
For the sixth straight year, auto leasing gained in popularity among consumers.* Lenders and dealers have capitalized on the popularity of leasing by extending millions of contracts to consumers over the last few years. As momentum for new cars trend upward, leasing continues to shift forward, portfolios grow and a staggering 3.5 million leases set to mature* lenders can no longer rely on manually grounding vehicles and end-of-term management. It is an unsustainable, inefficient task.
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
