Tag: affordability

New-vehicle affordability improved in August to its best level since May 2021 as auto loan interest rates declined and incentives ...

Demand for used vehicles is strong as supply remains limited and affordability is top of mind for consumers.   The ...

New-vehicle supply has stabilized and affordability has improved, but average monthly payments remain above $700.   New-vehicle inventory sat at ...

Loan approval rates are down across the powersports sector despite higher origination volumes as affordability concerns and rising consumer debt ...

The auto finance industry is showing slight improvements in affordability and loan production while worsening credit performance and inflationary pressures ...

The auto finance sector is showing signs of improving affordability and resilient loan production amid gradual dips in vehicle prices ...

Lenders have started looking more at payment-to-income ratios when making credit decisions as affordability remains a challenge, especially in nonprime ...

Access to auto credit worsened for the second month in a row but improved year over year in May, while ...