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July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
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SEARCHMENUSEARCHCredit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
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The three biggest compliance concerns dealers faced throughout the year.
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TransUnion says third-quarter shift driven by inflation, rising interest rates, and continued lower inventories.
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Demand, despite market pressures, remains elevated, keeping supply tighter.
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Edmunds data show how new-model prices ballooned and by how much.
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The used retail active listing volume index reverted back to one at the start of 2023. Currently, the index sits at 0.95 points.
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Consumers paying more and more as interest rates stretch costs to new highs.
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Inflation-fighting series cuts further into consumers’ ability to afford purchases such as cars.
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The market continued to experience growth last week, with gains far exceeding what is typically seen this time of year.
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Multiple factors drive down purchase costs, which is still well above what most households can afford.
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J.D Power study finds millennial men lead the segment, with Gen X close behind.
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