Ring in the holidays: November brings incentives
November is marked by an increase in subvented financing rates as auto manufacturers enter the holiday season, but incentive spending ...
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Residual values expected to remain high in 2023
Economic recovery, coupled with a lack of used-vehicle supply, could keep residual values high for the next three years. “When ...
Executive Dialogue: The road back
Senior executives from some of the nation’s largest auto financiers gather to discuss the industry’s trajectory and strategies for overcoming ...
Pent-up demand to normalize after COVID spike
Pent-up demand for new and used vehicles is starting to normalize following a spike in May and June, Jonathan Smoke, ...
Used vehicles shine as sales, transaction prices recover
New- and used-vehicle sales continue to recover from April lows, but have not reached 2019 levels. Total retail sales are ...
TrueCar eyes preapprovals
TrueCar, an online new- and used-car marketplace, is pivoting its focus back to the company’s original mission, digital retailing, with an eye toward incorporating preapprovals, VP of ...
Average new vehicle transaction prices inch up in July
When the COVID-19 pandemic shut down vehicle production in April through June, sales took a hit, and no one knew ...
Interest rates remain low as vehicle sales recover
The average annual percentage rate (APR) for new vehicles continues to decline and vehicle sales are expected to improve in July despite pandemic-spurred setbacks that started in mid-March, according to TrueCar ...
