Tag: used vehicle sales

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 ...

SAN DIEGO — Repossession volume is expected to increase in the coming year, a challenge exacerbated by an estimated 30% ...

Used-vehicle values continue to stabilize amid slowing sales and a dip in consumer demand.   The Manheim Used Vehicle Value Index ...

Auto demand is softening further as federal interest rate hikes squeeze lenders’ ability to address affordability concerns, and subprime consumers ...

New-car sales are expected to rise in the just-ending third quarter, but a deteriorating market for used vehicles  — which ...

CarMax Auto Finance (CAF)’s originations fell 4.2% sequentially in the second quarter of fiscal year 2023 as used-vehicle sales slowed ...