Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
National auto loan interest rates on new and used vehicles dropped year over year in May despite projections that the Federal Reserve will hold interest rates steady for months. The national average interest rate on a 60-month loan for a new vehicle was 6.72% as of May 18, down 102 basis points (bps) YoY compared […]
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Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
Auto lenders are looking to strengthen relationships to bolster dealer profitability amid uncertainty, margin compression and shifting consumer behavior. Auto financier Santander Bank’s dealer commercial services strategy focuses on...
David Thompson
David Thompson
David Thompson
