Used-vehicle financing share reaches 58.6% in Q1
Lenders financed more used vehicles in the first quarter as monthly payments and loan amounts rose at a slower rate ...
Tag: used vehicles
298K off-lease EVs to hit market in 2026
An upcoming flood of off-lease EVs into the used vehicle market has lenders and dealers preparing for an increase in ...
Prime borrowers opting to finance older used vehicles
Prime consumers are increasingly turning to older used vehicles for lower monthly payments as affordability remains a priority. In 2024, ...
Used-vehicle turnover rate rises 8% YoY
Used-vehicle demand has remained strong despite price pressures this year. The average number of days to turn for a ...
Used-vehicle values decline 8.9%
Wholesale used-vehicle values declined month over month and year over year in June as sales outpaced the volumes of a ...
High used-vehicle prices put continued pressure on LTVs
Elevated vehicle prices have continued to put pressure on used-vehicle loan-to-value ratios. LTVs for used vehicles remained high in the ...
RV wholesale volume dips in return to seasonality
Motorhome and towable wholesale volume cooled in August as the industry turned over excess inventory and returned to more seasonal ...
Towable values drop 13% as dealer inventory woes persist
Towable and motorhome values dropped in July alongside RV shipments as dealers and OEMs navigated inventory concerns created by pandemic-related ...
