Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Prices on 3-year-old used vehicles rose to the second-highest second quarter price on record, brought on by rising new-vehicle prices and tighter used inventory. The average transaction price (ATP) for the vehicles, also called “near-new vehicles,” rose 5.2% year over year in Q2 to $31,216, according to an Edmunds report published Aug. 12. The near-new […]
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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
