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EV price volatility challenging auto lenders
Some electric vehicles are now cheaper than they used to be, and the lower price tag comes with challenges for...
Snowmobiles finally get the Tesla treatment
Imagine you are a moose, chomping away on some twigs without a hint of concern in your beautiful, tennis-ball-sized brain....
Leasing, older vehicle financing gain traction
Affordability challenges are prompting an uptick in leasing and financing of older vehicles as consumers look to lower their monthly...
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....
EVs pose higher residual value risk in auto ABS
Electric vehicles are giving lenders pause when it comes to auto asset-backed securitization issuance due to increased residual value risk. ...
Under the Hood: Creative payment options can shift customer mindset
While buy now, pay later plans are increasingly popular, auto financiers might benefit from urging customers to buy now and...
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...
