Used-Vehicle Values Expected To Further Decline In 2018
© Can Stock Photo / aremac Black Book expects used vehicles to depreciate at a rate of 16.5% this year, ...
Tag: Edmunds
Powersports Lenders Remain Cautious With 84-Month Terms
LAS VEGAS — As competition in powersports finance heightens, some lenders are extending terms mirroring a trend in auto finance, Brian ...
Used-Vehicle Depreciation Surges Amid Rising Incentives, Leasing, Repos
The used-vehicle depreciation rate has doubled since 2014 as new vehicles continue to flood the market, a record number of ...
Longer Loan Terms Drive Negative Equity Trade-Ins
Negative equity trade-ins are on the rise due to lenders extending loan terms past 72 months, Ivan Drury, senior analyst ...
Loan Terms Hit Record High in June, Edmunds Says
As vehicles become more expensive, consumers are showing a willingness to extend loan terms, which have reached an all-time high, ...
Where Do Lenders Draw the Line After Negative Equity Trade-Ins Spike?
Spurred by extending loan terms, a record-number of consumers -- 31% -- turned in cars with negative equity in 2016, ...
Honda Exec: Longer-Term Loans May Hurt Consumers, Not Help
The growing popularity of longer-term loans aided last year’s record breaking 17.5 million cars sold – and that might not ...
Underwater Trade-Ins Reach Record Highs
More consumers than ever before — 32% in the first three quarters of 2016 — are turning in cars with ...
