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Pricing competition has ramped up among dealerships as inventory returns to more normal levels and lenders’ appetite for auto loans increases. For Ricart Automotive Group in Groveport, Ohio, many lenders are buying prime and superprime loans, but credit access remains limited in the lower credit segment, President Rick Ricart told Auto Finance News. “We’re starting […]
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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
