Tag: affordability

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

Leasing is picking up in tandem with incentives while used-vehicle values decreased in May — positive signs toward improving affordability.   ...

FORT WORTH, Texas — Rising insurance costs are burdening consumers, making it more difficult for borrowers to keep current on their auto ...

Leasing penetration continued to climb in the first quarter as inventory levels normalized and incentives on electric vehicles inched up.  ...

Auto lenders should prepare for a wave of refinance demand in the next two years or risk losing market share ...

Powersport promotions remained elevated in the first quarter due to affordability concerns and mixed sales across dealerships.  “Sales have been ...

Affordability and inflation headwinds that affected origination volumes at the end of 2023 continued to pose challenges for auto players ...

While affordability improved in January, credit availability worsened as lenders tightened credit standards and approval rates declined.   Credit access decreased ...