Tag: affordability

New-vehicle affordability declined in July as the median weeks of income needed to purchase a new vehicle increased alongside average price ...

Affordability concerns continue to plague the auto finance industry amid high prices and rising interest rates in a global economy ...

Auto lenders tightened credit access in May amid rising interest rates after a year of loosened standards.  The Dealertrack Credit ...

Rising interest rates for auto loans are set to further suppress vehicle affordability as new vehicle production remains hampered due ...

For decades, transactions in U.S. car dealerships went something like this: A couple walks into a showroom, expresses interest in ...

Subprime lenders are taking action as used-vehicle values reach record highs and affordability remains a crucial concern by offering longer ...

Subprime lenders are taking action as used-vehicle values reach record highs and affordability remains a crucial concern by offering longer ...

A global pandemic, changing consumer habits and the rise in digital lending has redefined risk management across the auto finance ...