Powersports Finance News
Podcast: Synthetic fraud rises in powersports, auto
Auto originations have picked up industrywide even as average payments remain elevated, while manufacturers are increasing incentives to move inventory....
Powersport sales down 6.3% year over year
LAS VEGAS — Nearly three-quarters of powersport dealers reported their year-over-year sales fell in October, the eighth consecutive month of...
Synthetic fraud uptick leads to stolen RVs
LAS VEGAS — Synthetic fraud is revving up in the recreational vehicle space, leaving dealers at risk due to outdated...
Inside Octane’s RideNow Finance launch
Octane Lending’s latest endeavor with powersports retailer RideNow is in line with its efforts to support dealers in a challenged...
Octane preps for more growth after $326M securitization issuance
Powersports lender Octane closed a $326 million issuance in the asset-backed securitization market this week as the company preps for...
Powersports lenders reimagine tech, buyer programs
Powersport lenders are enhancing technology and buyer programs to improve customer and dealer experiences heading into 2025. Affordability concerns have...
Brunswick boat sales sink 19% year over year
Marine manufacturer Brunswick saw its boat sales fall year over year in the third quarter as dealer ordering remained cautious. ...
Camping World F&I revenue up 1.6% year over year
RV dealer group Camping World’s finance and insurance revenue fell sequentially but rose year over year in the third quarter...
