Amanda Harris, Author at Auto Finance News

CarMax plans to spend about $500 million per year, starting in fiscal 2028, to fund business segments that strengthen its...

Auto ABS spreads flat through early July

Arvest Bank targets thin-file, new borrowers with FICO score upgrade

Arvest Bank is improving risk-based pricing precision for auto loans, especially among thin-file applicants and new borrowers. The $28 billion...

A CarMax Location As Earnings Figures Are Released

CarMax Auto Finance eyes 40% nonprime penetration by 2030

CarMax Auto Finance will increase nonprime lending volume as part of its multiyear strategy for growth and operational improvements announced...

Carvana originations rise 50.9%

Carvana‘s sales and originations volumes increased in the third quarter

Democratic wins may bring more regulatory actions, consumer affordability policies

byAidan Bushand1 others

While the Democrat-majorities Congress are unlikely to push new federal auto lending policies, new governors and attorneys general may increase...

CarMax pencils in $500M annual capital spend for fiscal 2028

CarMax plans to spend about $500 million per year, starting in fiscal 2028, to fund business segments that strengthen its...

Arvest Bank targets thin-file, new borrowers with FICO score upgrade

Arvest Bank is improving risk-based pricing precision for auto loans, especially among thin-file applicants and new borrowers. The $28 billion...

CarMax Auto Finance eyes 40% nonprime penetration by 2030

CarMax Auto Finance will increase nonprime lending volume as part of its multiyear strategy for growth and operational improvements announced...

New York-based VIP Automotive Group accelerates AI adoption

Ben Sporn starts each workday by ensuring AI programs, scripts,

Democratic wins may bring more regulatory actions, consumer affordability policies

byAidan Bushand1 others

While the Democrat-majorities Congress are unlikely to push new federal auto lending policies, new governors and attorneys general may increase...

CarMax pencils in $500M annual capital spend for fiscal 2028

CarMax plans to spend about $500 million per year, starting in fiscal 2028, to fund business segments that strengthen its...

Arvest Bank targets thin-file, new borrowers with FICO score upgrade

Arvest Bank is improving risk-based pricing precision for auto loans, especially among thin-file applicants and new borrowers. The $28 billion...

CarMax Auto Finance eyes 40% nonprime penetration by 2030

CarMax Auto Finance will increase nonprime lending volume as part of its multiyear strategy for growth and operational improvements announced...

GM Financial, Ally Financial pinpoint lease challenges in Q3

New-vehicle leasing continues to be a challenge for some automakers

Democratic wins may bring more regulatory actions, consumer affordability policies

byAidan Bushand1 others

While the Democrat-majorities Congress are unlikely to push new federal auto lending policies, new governors and attorneys general may increase...

CarMax pencils in $500M annual capital spend for fiscal 2028

CarMax plans to spend about $500 million per year, starting in fiscal 2028, to fund business segments that strengthen its...

Arvest Bank targets thin-file, new borrowers with FICO score upgrade

Arvest Bank is improving risk-based pricing precision for auto loans, especially among thin-file applicants and new borrowers. The $28 billion...

CarMax Auto Finance eyes 40% nonprime penetration by 2030

CarMax Auto Finance will increase nonprime lending volume as part of its multiyear strategy for growth and operational improvements announced...

New-vehicle auto loan rates decline 72 bps YoY (Big Wheels)

Although new- and used-auto loan rates declined this month, the

Democratic wins may bring more regulatory actions, consumer affordability policies

byAidan Bushand1 others

While the Democrat-majorities Congress are unlikely to push new federal auto lending policies, new governors and attorneys general may increase...

CarMax pencils in $500M annual capital spend for fiscal 2028

CarMax plans to spend about $500 million per year, starting in fiscal 2028, to fund business segments that strengthen its...

Arvest Bank targets thin-file, new borrowers with FICO score upgrade

Arvest Bank is improving risk-based pricing precision for auto loans, especially among thin-file applicants and new borrowers. The $28 billion...

CarMax Auto Finance eyes 40% nonprime penetration by 2030

CarMax Auto Finance will increase nonprime lending volume as part of its multiyear strategy for growth and operational improvements announced...

Tesla lease penetration dips 70 bps

Tesla‘s lease penetration dipped in the third quarter as deliveries

Democratic wins may bring more regulatory actions, consumer affordability policies

byAidan Bushand1 others

While the Democrat-majorities Congress are unlikely to push new federal auto lending policies, new governors and attorneys general may increase...

CarMax pencils in $500M annual capital spend for fiscal 2028

CarMax plans to spend about $500 million per year, starting in fiscal 2028, to fund business segments that strengthen its...

Arvest Bank targets thin-file, new borrowers with FICO score upgrade

Arvest Bank is improving risk-based pricing precision for auto loans, especially among thin-file applicants and new borrowers. The $28 billion...

CarMax Auto Finance eyes 40% nonprime penetration by 2030

CarMax Auto Finance will increase nonprime lending volume as part of its multiyear strategy for growth and operational improvements announced...

GM Financial projects up to 28.6% YoY dip in public debt issuance

GM Financial is expecting its public debt issuance to decline

Democratic wins may bring more regulatory actions, consumer affordability policies

byAidan Bushand1 others

While the Democrat-majorities Congress are unlikely to push new federal auto lending policies, new governors and attorneys general may increase...

CarMax pencils in $500M annual capital spend for fiscal 2028

CarMax plans to spend about $500 million per year, starting in fiscal 2028, to fund business segments that strengthen its...

Arvest Bank targets thin-file, new borrowers with FICO score upgrade

Arvest Bank is improving risk-based pricing precision for auto loans, especially among thin-file applicants and new borrowers. The $28 billion...

CarMax Auto Finance eyes 40% nonprime penetration by 2030

CarMax Auto Finance will increase nonprime lending volume as part of its multiyear strategy for growth and operational improvements announced...

Regulators cast wider net for deceptive auto finance pricing, advertising

Recent allegations against vehicle comparison-shopping platform CarGurus highlight a regulatory

Democratic wins may bring more regulatory actions, consumer affordability policies

byAidan Bushand1 others

While the Democrat-majorities Congress are unlikely to push new federal auto lending policies, new governors and attorneys general may increase...

CarMax pencils in $500M annual capital spend for fiscal 2028

CarMax plans to spend about $500 million per year, starting in fiscal 2028, to fund business segments that strengthen its...

Arvest Bank targets thin-file, new borrowers with FICO score upgrade

Arvest Bank is improving risk-based pricing precision for auto loans, especially among thin-file applicants and new borrowers. The $28 billion...

CarMax Auto Finance eyes 40% nonprime penetration by 2030