Powersports Finance News
Powersports values fall in February, bucking seasonal trends
Motorcycle and powersports values fell across nearly every segment in February as dealers were flush with new inventory, trending outside...
Podcast: ‘Weekly Wrap’ on powersports, tech investment
Powersports lenders project mixed origination volume in 2024 as credit unions and regional banks pull back in the space and...
RumbleOn completes sale of finance portfolio in Q1
Powersports retailer RumbleOn’s sale of the RumbleOn Finance portfolio for $17 million in January allowed the company to reduce its term...
FreedomRoad Financial logs decline in credit app quality
Powersports lender FreedomRoad Financial has seen a deterioration in application quality through the beginning of the year as consumers continue...
Octane anticipates $1.5B in originations in 2024
Powersports lender Octane Lending is projecting a 25% year-over-year increase in originations in 2024 after originations were flat YoY at...
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....
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...
Podcast: ‘Weekly Wrap’ on auto finance growth, powersports earnings
Auto lenders expect 2024 to be a year of growth driven by technology updates and loosening credit standards. Powersports sales...
