Porsche ABS deal reveals changes in luxury market (Under the Hood)
Porsche Financial Services‘ latest loan securitization was its smallest since the captive reentered the ABS market in 2023, yet the...
Savings-backed auto loan could cushion financial uncertainty (Under the Hood)
With consumer confidence dragging and cash-strapped shoppers expected to reel in holiday spending, an auto loan with a savings component...
Lenders face steeper deficiency balances as repo levels climb
With auto repossessions nearing a record 2 million units this year, the influx of vehicles at auction will likely pressure...
Caught in Tricolor’s crossfire: A first-person account
Terralyn Montgomery considered her Tricolor Auto purchase a blessing. Montgomery had fallen on hard times — her son had been...
Refis making 90-month terms more acceptable
Consumers need more than interest rate savings to make refinancing worthwhile. Despite increasing reliance on 72-month initial terms, consumers who...
Gaming elements boost app stickiness (Under the Hood)
Many auto finance apps allow consumers to search for vehicles and manage payments, but they fall short when it comes...
High-income auto consumers at risk for default (Under the Hood)
A $2,400-a-month payment was enough to derail rapper MC Hammer’s auto loan, prompting JPMorgan Chase Bank to file suit for...
Investment in auto fintechs totals $1.9B through June (Under the Hood)
Investors pumped $1.9 billion of capital into auto fintechs through June as the average transaction size inflated, according to an...
