Auto Finance News, Author at Auto Finance News

Powersports consumers are turning to used products as new-unit prices have nearly doubled compared with used, offering a growth opportunity...

MarineMax F&I revenue up 8.2% amid declining boat margins

Capital markets investors treat marine loans with more caution

A shortage of performance data poses a hurdle for marine lenders when securitizing loans in the capital markets. Banks are...

Canadian dealer adds to industry’s floorplan woes (Under the Hood)

Add Bank of Montreal to the growing list of financiers facing floorplan troubles. Last month, BMO applied to have its...

Automakers Fear Effects of ‘Fiscal Cliff’

Could the impending “fiscal cliff” in the U.S. potentially harm

Credit Acceptance Corp. enters $710M settlement with 40 states

Credit Acceptance Corp. has agreed to a $710 million settlement after 40 state attorneys general accused the subprime lender of...

New powersport MSRPs up 24% since 2020, outpace rise in used

Powersports consumers are turning to used products as new-unit prices have nearly doubled compared with used, offering a growth opportunity...

Capital markets investors treat marine loans with more caution

A shortage of performance data poses a hurdle for marine lenders when securitizing loans in the capital markets. Banks are...

Canadian dealer adds to industry’s floorplan woes (Under the Hood)

Add Bank of Montreal to the growing list of financiers facing floorplan troubles. Last month, BMO applied to have its...

DriveTime Sale to Investor Group Screeches to a Halt

DriveTime called off its recently announced sale to a group

Credit Acceptance Corp. enters $710M settlement with 40 states

Credit Acceptance Corp. has agreed to a $710 million settlement after 40 state attorneys general accused the subprime lender of...

New powersport MSRPs up 24% since 2020, outpace rise in used

Powersports consumers are turning to used products as new-unit prices have nearly doubled compared with used, offering a growth opportunity...

Capital markets investors treat marine loans with more caution

A shortage of performance data poses a hurdle for marine lenders when securitizing loans in the capital markets. Banks are...

Canadian dealer adds to industry’s floorplan woes (Under the Hood)

Add Bank of Montreal to the growing list of financiers facing floorplan troubles. Last month, BMO applied to have its...

Luxury Sales Slowdown Could Impact Finance Market

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Credit Acceptance Corp. enters $710M settlement with 40 states

Credit Acceptance Corp. has agreed to a $710 million settlement after 40 state attorneys general accused the subprime lender of...

New powersport MSRPs up 24% since 2020, outpace rise in used

Powersports consumers are turning to used products as new-unit prices have nearly doubled compared with used, offering a growth opportunity...

Capital markets investors treat marine loans with more caution

A shortage of performance data poses a hurdle for marine lenders when securitizing loans in the capital markets. Banks are...

Canadian dealer adds to industry’s floorplan woes (Under the Hood)

Add Bank of Montreal to the growing list of financiers facing floorplan troubles. Last month, BMO applied to have its...

PODCAST: Hurricane Sandy’s Fallout on Dealers, Lenders, and the Market

In this week’s podcast, Matt Petrillo and I discuss next

Credit Acceptance Corp. enters $710M settlement with 40 states

Credit Acceptance Corp. has agreed to a $710 million settlement after 40 state attorneys general accused the subprime lender of...

New powersport MSRPs up 24% since 2020, outpace rise in used

Powersports consumers are turning to used products as new-unit prices have nearly doubled compared with used, offering a growth opportunity...

Capital markets investors treat marine loans with more caution

A shortage of performance data poses a hurdle for marine lenders when securitizing loans in the capital markets. Banks are...

Canadian dealer adds to industry’s floorplan woes (Under the Hood)

Add Bank of Montreal to the growing list of financiers facing floorplan troubles. Last month, BMO applied to have its...

Private Equity Firm Parthenon to Buy Coastal Credit for $80 Million

Parthenon Capital Partners has planted a stake in the auto

Credit Acceptance Corp. enters $710M settlement with 40 states

Credit Acceptance Corp. has agreed to a $710 million settlement after 40 state attorneys general accused the subprime lender of...

New powersport MSRPs up 24% since 2020, outpace rise in used

Powersports consumers are turning to used products as new-unit prices have nearly doubled compared with used, offering a growth opportunity...

Capital markets investors treat marine loans with more caution

A shortage of performance data poses a hurdle for marine lenders when securitizing loans in the capital markets. Banks are...

Canadian dealer adds to industry’s floorplan woes (Under the Hood)

Add Bank of Montreal to the growing list of financiers facing floorplan troubles. Last month, BMO applied to have its...

Santander In Line to Become Chrysler’s Primary Financier

Chrysler Group and Banco Santander SA are in exclusive talks

Credit Acceptance Corp. enters $710M settlement with 40 states

Credit Acceptance Corp. has agreed to a $710 million settlement after 40 state attorneys general accused the subprime lender of...

New powersport MSRPs up 24% since 2020, outpace rise in used

Powersports consumers are turning to used products as new-unit prices have nearly doubled compared with used, offering a growth opportunity...

Capital markets investors treat marine loans with more caution

A shortage of performance data poses a hurdle for marine lenders when securitizing loans in the capital markets. Banks are...

Canadian dealer adds to industry’s floorplan woes (Under the Hood)

Add Bank of Montreal to the growing list of financiers facing floorplan troubles. Last month, BMO applied to have its...

Swapalease.com Finds Trends in Vehicle Relocation

Online car shopping has greatly changed vehicle inventory from state

Credit Acceptance Corp. enters $710M settlement with 40 states

Credit Acceptance Corp. has agreed to a $710 million settlement after 40 state attorneys general accused the subprime lender of...

New powersport MSRPs up 24% since 2020, outpace rise in used

Powersports consumers are turning to used products as new-unit prices have nearly doubled compared with used, offering a growth opportunity...

Capital markets investors treat marine loans with more caution

A shortage of performance data poses a hurdle for marine lenders when securitizing loans in the capital markets. Banks are...

Canadian dealer adds to industry’s floorplan woes (Under the Hood)