Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
The number of dealers enrolled in subprime lender Credit Acceptance Corp.’s real-time payment services program has jumped about 200% in the first year since its rollout. Some 25,000 new-vehicle contracts have been funded to date using real-time payments (RTP), according to data provided to Auto Finance News. RTP platforms allow for the immediate transfer of […]
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
