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Study Reveals Desire for More Car Financing Information Earlier in Shopping Journey
CarGurus survey shows more education and awareness needed around auto loan literacy.
CarGurus survey shows more education and awareness needed around auto loan literacy.
Division of Enterprise Rent-A-Car continues to expand credit union partnerships and drive growth.
With increased demand for digital lending and auto loan fraud a growing concern, new partnership comes at critical time for industry.
The market experienced record-breaking price increases this past week, as the supply and demand imbalance continued to drive up wholesale prices.
The enhanced data provided will allow dealers and consumers to avoid killing a deal over a trade-in value.
Incorporating vehicle history reports into the lending decisions can help uncover hidden issues with the vehicle and adjust loan terms accordingly.
TransUnion’s Consumer Pulse study explores the pandemic’s financial impact during the last year.
Black Book released their weekly automotive Market Insights report.
Lease credit approvals reached 70.8% in February; Up slightly from 68% in January.
February saw another record broken with the Index reaching 130 points for the first time.
Look for further data updates as the Cox Automotive Industry Insights team dives into the results and shares insights on average transaction prices, fleet performance, CPO sales, inventory levels and more.
February was another record-breaking month, with the Retention Index reaching 130 points for the first time. All segments saw an increase in the Index with Full-Size pickups leading the way – that segment stands 23% higher than it was in February of 2020.
According to the J.D. Power 2021 U.S. Automotive Commercial Lending Satisfaction Study, the difference between good and great dealer-lender relationships comes down to four key steps.
Vehicle insurance is now an automated part of the Darwin F&I process.
A new line of credit will provide dedicated capital for TRADE X to expand its global B2B automotive trading platform across North America and beyond.
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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