Powersports Finance News
Powersports retail market yet to feel effects of rising interest rates
The powersports retail market has yet to feel the effect of rising interest rates, but lenders’ margins are getting squeezed...
Camping World F&I profits rise 17% YoY as RV demand, pricing hold strong
Camping World’s first-quarter finance and insurance (F&I) revenue increased 10.9% year over year as demand for recreational vehicles holds steady...
Polaris raises retail prices to offset supply chain costs in Q1
Powersports manufacturer Polaris increased retail prices in the first quarter across all lines of its business to offset hikes in...
Huntington posts record Q1 originations despite tight supply
Huntington Auto Finance posted a quarterly record in auto originations despite continued supply chain concerns. Originations totaled $1.7 billion in...
Weekly Wrap on powersports seasonality and inflation
Powersports lender Octane and manufacturer BRP are leaning into seasonal trends, while inflation concerns continue to present looming uncertainty for...
Motor home values jump 10.8% in February as summer approaches
Motor home values increased 10.8% month over month in February as warm weather inflates demand. The average selling price of...
Octane expands golf cart financing into prime
Powersports lender Octane today launched prime financing for golf carts and utility terrain vehicles (UTVs) through a partnership with manufacturer...
March powersports values post modest MoM increases
As the recreational industry looks forward to warmer months, values and demand for personal watercraft, jet boats and other powersports...
