Tag: affordability

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 ...

Higher interest rates are just one challenge facing consumers and affecting their ability to make their car payments.   Auto ...

Rising interest rates have prompted shifts in market share and affordability concerns across the auto finance industry, while several auto ...

Auto lenders must keep a close eye on credit performance and adjust their risk appetites for an extended period of ...