Inflation and interest rate hikes could dampen consumer demand.
Draft regulations would target bait-and-switch price ads, misleading F&I practices, and valueless F&I products.
McLaren and Fisker have branded their auto finance ventures and have them supported by Chase.
Wholesale prices continued to gain momentum, with all segments reporting week-over-week increases last week.
Overall, the automotive finance market has remained resilient, despite the pandemic. Staying close to the data will help lenders ensure they have the right options available to fit consumers’ needs and budgets.
While many SUV brands decrease lease payments, others increase monthly rates after the New Year to meet the segment average.
The average loan amount for a new vehicle jumps $4,000; however, the average monthly payment remains steady.
For 16 years, the program has recognized the industry’s best vendors, suppliers, and finance partners.
The federal spending bill being negotiated by House and Senate leaders is not likely to include an extension of the $7,500 tax credit for buyers of electric vehicles.
Kerrigan Advisors’ latest Blue Sky Report finds the pace of U.S. dealership buy/sell activity quickened in the third quarter and could accelerate further in Q4.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In