Tag: affordability

Despite concerns about inflation and a dip in market share, many credit unions expect their auto portfolios to grow in ...

Navy Federal Credit Union has extended used-vehicle financing terms to 84 months and lowered auto loan interest rates in the past week as the overall cost of ...

Used-car financing gained ground in the first quarter as affordability pressures continued to push consumers away from higher-priced new vehicles.  ...

The higher cost of living is exacerbating affordability concerns and prompting auto lenders to take a close look at rising delinquencies, asset pricing and innovative programs to ...

Powersports dealers are introducing financing discussions earlier in the buying process as affordability concerns and economic uncertainty shape consumer behavior ...

Rising lease returns and commercial fleet activity are strengthening the wholesale used-vehicle market and supporting certified pre-owned inventory growth.  Lease ...

NASHVILLE, Tenn. — Resilience in credit availability despite rising vehicle prices has led lenders to shift originating strategies to navigate ...

In the first quarter, the auto finance industry balanced strong auto loan originations with persistent affordability challenges, shifting EV demand and rising asset-backed securitization activity.  Auto lenders, ...