Podcast: ‘Weekly Wrap’ on used vehicle values, EVs
Wholesale used-vehicle values ticked down in February while electric vehicle residual values are causing concern for asset-backed securities investors. The...
Fed: Loan demand declines, auto sales slow
Automotive retail sales slowed in January and February amid affordability pressure from elevated interest rates and high vehicle prices, and...
Used-vehicle values decrease in February
Wholesale used-vehicle values fell in February as dealers loaded up supply for the spring selling season and retail sales increased....
Best practices to increase F&I product revenue
As vehicle prices and interest rates remain elevated, monthly payments continue to hover around all-time highs, making it more difficult...
Increased BNPL transparency to help better predict creditworthiness
The addition of consumer retail buy now, pay later debt obligations on credit agency reports improves auto lenders’ ability to...
60-month loan rates tick down while lenders hold steady
The average interest rate for a 60-month loan for a new vehicle and a 1-year-old used vehicle has ticked down...
Motorhome values decline, towables rise in January
Auction values for motorhomes fell in January following a jump in December, while towable values inched up ahead of the...
Credit tightening contributes to subprime market shrink
Subprime market share continued to decline across total new- and used-auto loans in the fourth quarter as subprime lenders have...
