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Aidan Bush

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Terms lengthen on auto loans below $25K 

As consumers choose longer loan terms, even on lower amounts financed, they face higher costs over

Auto lenders look to agentic AI, ‘vibe coding’ in underwriting, compliance, collections

Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly

Odessa launches code-free platform tool for asset finance teams

Odessa launched Configurable Attributes, a code-free platform capability that allows asset finance organizations to add and

Sub-$10K used vehicles offer opportunities as dealer supplies tightens

Used-vehicles priced less than $10,000 are creating a sourcing opportunity for independent dealers as consumer demand

Tesla, Rivian deliveries rise as legacy OEM EV sales soften

EV makers Tesla, Rivian and Lucid reported year-over-year production and delivery gains in the second quarter,

Auto ABS spreads flat through early July

Auto asset-backed securitization spreads did not change materially through early July, while the ABS market remained

Auto loan debt makes up 32% of median consumer income

Auto loan debt now makes up nearly one-third of consumer income, leading them to finance older

Podcast: BMW Financial’s lease penetration normalizes post-EV tax credit 

BMW Financial Services’ lease penetration has normalized following the elimination of the federal electric vehicle tax

Credit Union Auto Lending Surges

David Thompson

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