Powersports Finance News
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...
Motorhome values rise in December, registrations slow
Motorhome auction values jumped in December while towable values fell and retail registrations declined. Average motorhome values jumped 16.1% month...
Off-road motorcycle finance penetration at 59%
More than half of off-road adventure motorcycles were financed in 2023, new data shows. The finance penetration rate for off-road...
