Tag: affordability

Vehicle sales dipped across several Federal Reserve bank districts and auto loan volume was mixed as customers continued to cite ...

Auto lenders are eyeing AI and other digital technologies amid continued industrywide concerns over affordability pressures. Chase Auto will deploy ...

Drivers underestimate the cost of owning a vehicle by nearly $4,500 a year, underscoring mounting affordability pressures across the auto market.  There is a growing disconnect between consumer ...

Auto lenders are adjusting underwriting criteria to account for a rise in demand for loan terms of 84-plus months as ...

“Hope springs eternal” is an expression that is nearly synonymous with each new year.  However, another adage is that hope is not a strategy. There are many ...

Increased spending by wealthier consumers, easing interest rates, sustained demand and looser lending standards should support the auto market in 2026.  U.S. consumer spending is expected to ...

Used-vehicle values inched up in December as prices increased for luxury cars and electric vehicles, offsetting drops across most segments.  The Manheim Used Vehicle Value Index came in at 205.5, up ...

Vehicle sales are expected to slow in 2026 after mixed results in December and full-year 2025 as affordability challenges continued to keep some consumers out ...