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Millennials Engage With Digital Lending, But Still Slow to Purchase
Despite a growing number of digital auto financing platforms tailored for young millennial audiences, the generation is still struggling to...
Commerce Bank Shifts Focus to Niche Markets, Smaller Dealerships
LAS VEGAS — Commerce Bank is looking at smaller niches in the market to offset a declining SAAR, Indirect Lending Manager...
Harley-Davidson Beefs Up Incentives to Clear Out Carryover Inventory
Harley-Davidson Inc. is boosting its finance offers in response to higher than expected 2016 carryover inventory, Chief Financial Officer John...
Carvana Launches Real-Time Prequalification Program
Online auto retailer Carvana has added a prequalification program to its car buying platform, which will allow consumers to seek...
Powersports Startup Maps Plan to Address Dealers’ Subprime Dilemma
BOSTON — The only sounds heard inside Ride Today Acceptance’s Beverly, Mass.-based office are the clacking of keyboards and friendly...
Pooled Ownership Hinges on Fleets, Exec Says
The fleet membership model is set up to gain faster traction in auto finance than the shared-lease model, Toby Russell, president of...
ThunderRoad: Lenders Need to Update Scorecards Regularly, Include Child Support
LAS VEGAS -- Powersports lenders need to adjust their scorecards regularly to take new metrics into consideration -- including child support payments...
Short-Term Note Program Gaining Ground with Dealers
David Braeger, the Milwaukee-area entrepreneur who brought crowdfunding to the auto finance market two years ago, has come up with...
