Podcast: Used-car financing gains share as affordability pressures mount
Used-car financing gained ground in the first quarter as affordability pressures continued to push consumers away from higher-priced new vehicles. ...
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Johnnie is the deputy editor of Auto Finance News, Powersports Finance News and Equipment Finance News. He has been a contributor and writer for nine years. He graduated from Texas Tech University in 2019 with a Bachelor's Degree in Accounting and Marketing and from Grand Canyon University in 2022 with a Master's in Communication Degree.
He can be reached at jmartinez@royalmedia.com
Used-car financing gained ground in the first quarter as affordability pressures continued to push consumers away from higher-priced new vehicles. ...
BRP lowered its earnings outlook for fiscal 2027 after revised U.S. tariffs created what leaders there estimate will be as much as $293 million in incremental costs in 2026. The Canadian powersports manufacturer now expects normalized diluted earnings...
The first chief technology officer hired by Kunes Auto and RV Group and parent company Delavan Holdings said he plans in his first year to establish a consistent technology...
Powersports retailer RideNow Group’s finance and insurance revenue rose in the first quarter as same-store revenue, gross profit and unit volume increased, extending...
Powersports dealers are introducing financing discussions earlier in the buying process as affordability concerns and economic uncertainty shape consumer behavior...
Rising lease returns and commercial fleet activity are strengthening the wholesale used-vehicle market and supporting certified pre-owned inventory growth. Lease...
Bank of America Securities expects U.S. retail auto asset-backed securitization issuance to decline in 2026 as softer vehicle sales and affordability pressures weigh...
Sonic Automotive expanding its footprint in the powersports sector through the acquisition of five Harley-Davidson dealerships. The Charlotte, N.C.-based retailer acquired Harley-Davidson stores in...
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