Tag: used vehicle sales

CarMax Auto Finance increased its credit loss provisions in its fiscal year 2024 first quarter due to “unfavorable” portfolio performance ...

The average amount consumers finance on vehicle purchases is leveling off, but high interest rates continue to keep monthly payments ...

Used-vehicle values continued their downward slide in May as used-car retail sales held steady sequentially but lagged last year’s levels. ...

More lower-priced used vehicles are available this March than in March 2022, even as overall inventory is low and consumer ...

Used-vehicle values increased sequentially in February as inventory tightened and sales slowed, but prices remained lower than a year ago. ...

Floorplan interest expense increased at publicly traded auto retailers with three retailers tallying triple-digit year-over-year increases, while finance and insurance ...

Consumer interest in Carvana’s offering has declined as inflationary pressures push down consumer confidence and the automotive retailer struggles with ...

Used-vehicle values declined 14.2% year over year in November, marking the third consecutive month of YoY decreases as values continue ...