Weekly Wrap: Lenders consider benefits of force-placed insurance
Subprime lenders are weighing the risks and benefits of protecting assets through force-placed insurance as credit-challenged borrowers face continued affordability ...
Tag: powersports
Lazydays F&I dips 9.6% year over year
RV dealer group Lazydays’ finance and insurance revenue fell year over year in the second quarter following mixed sales performance ...
Inside Octane’s penetration, tech strategies
Powersports lender Octane is working to deepen its penetration in the powersports market while simplifying the financing process for dealers ...
Nominations for 2024 PowerSports Finance Achievement Awards now open
The PowerSports Finance Achievement Awards, the only recognition of achievement within the powersports financing industry, celebrate leadership and operational excellence. ...
Powersports sales slip 4.6% year over year
The powersports market was challenged in July though an increase in promotions helped some dealers move inventory. Nearly 57% of ...
RumbleOn F&I dips 10.5% year over year
Powersports retailer RumbleOn’s finance and insurance revenue fell year over year while floorplan interest expense climbed as the retailer continued ...
Camping World F&I revenue up 7.2% year over year
Camping World’s finance and insurance revenue increased year over year in the second quarter as new-RV unit sales increased and ...
Octane appoints CFO as first president
Powersports lender Octane today appointed Chief Financial Officer Steven Fernald to serve as the company’s first president. Fernald will lead ...
