Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
More consumers refinanced their vehicles in the first quarter compared with a year ago as the cost of goods continued to increase and lenders became more competitive. Fort Worth, Texas-based nonprime auto lender OpenRoad Lending’s refinance application flow grew 30% year over year in Q1, Chief Executive Chris Goodman told Auto Finance News. The lender […]
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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
