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Auto dealers are increasingly leaning on financing incentives over traditional rebates as affordability pressures reshape the market. At Kunes Auto Group, the move toward more financing is shaping its financing approach, Scot Hensel, finance director at the Delevan, Wisc.-based company, told Auto Finance News. “If the OEM has an aggressive rate, we would go that route, otherwise use the cash rebate and use outside […]
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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
