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AFSA 2019: We See Some Weakness

Texas dealer and 2019 NADA Chairman Charlie Gilchrist told Vehicle Finance Conference attendees...

Speakers at the American Financial Services Association’s 2019 conference brushed off any suggestion of a recession striking the U.S. economy this year but admitted affordability, rampant fraud, and new regulatory concerns could create headwinds.

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Top 10 Lease Vehicles

No. 1: Q4’s most popular lease vehicle was also its most affordable: The Chevrolet Equinox...

Experian’s Q4 auto finance report lists America’s top 10 lease vehicles by market share, including one domestic SUV that captured nearly 4% of all new leases at the end of 2018.

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Experian: 30-Day Delinquencies Fell in Q4

The share of U.S. auto loans extended to consumers in the superprime credit tier grew 3.3% to...

Despite concerns over affordability and a growing 90-day delinquency rate, Experian’s fourth-quarter report signals a continued reliance on auto financing is stabilizing the market.

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Subprime Auto Lending Hits 11-Year Low

The latest reports are a tale of woe for special finance, which continues to lose ground as...

The third quarter of 2018 saw an alarming plunge in lending to subprime and deep-subprime customers, falling to 21% of all auto loans as banks and finance companies continue to favor the upper credit tiers.