Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Credit Acceptance Corp.’s pricing strategy has been key to the subprime lender’s continued growth despite ongoing volatility that has seen many lenders pull back from auto finance during the past year. The Southfield, Mich.-based auto lender prices a larger “margin of safety” into its auto loans to help with unexpected fluctuations in consumer credit health, […]
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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
