Dealers are urging lenders to loosen the loan-to-value restrictions on aftermarket products such as service contracts and guaranteed asset protection coverage. “Nobody in the lending side wants to see a 150% LTV,” Jay Slingerland, vice president of Corunna, Mich.-based Slingerland Chrysler Dodge Jeep Ram Fiat, told Auto Finance News. Slingerland noted that it would […]