Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Lenders and retailers are encouraging certified pre-owned lending and expressing interest in leasing certified pre-owned vehicles to offset affordability pressures while attracting higher-credit consumers. Mullins, S.C.-based Anderson Brothers Bank increases the dealer’s allowed loan amount on certified pre-owned (CPO) vehicles to encourage more CPO financing, Vice President of Dealer Services Risk Management Jody Lambert said […]
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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
