Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
National average interest rates for new and used vehicles dropped this month following several rate cuts from the Federal Reserve. The national average interest rate on a 60-month loan for new cars was 7.37% as of Nov. 20, down 46 basis points (bps) compared with Dec. 23, 2024, according to the latest data provided to […]
Already subscribed? Log in
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
