Lenders eye expanded leasing options as affordability challenges grow
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for ...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for ...
IRVING, Texas — Used-EV inventory is tighter than the supply of traditional gas vehicles as off-lease EVs and elevated gas ...
Despite concerns about inflation and a dip in market share, many credit unions expect their auto portfolios to grow in ...
Rising demand for cheaper, off-lease EVs drove wholesale values higher and led dealers to push incentives on new EVs in May. With the expiration of the EV tax credit ...
More middle-income consumers are opting for newer, used vehicles as the gap grows between lower- and higher-income households. The economy has shifted from a “K-shape” to an “E-shape,” defined ...
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 industrial bank under Toyota’s captive grew its retail auto portfolio to $4.1 billion in the first quarter after originating ...