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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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Lease credit approvals reached 72.9% in March; Up slightly from 70.8% in February.
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TransUnion Global Payment Hierarchy Study observes consumer credit behavior in five countries.
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Car Capital allows their dealer partners to make immediate modifications to deal terms in real-time based on the economics of each unique car and consumer.
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This past week did not set another record, but the market is still experiencing week-over-week increases that are in record-breaking territory.
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CarGurus survey shows more education and awareness needed around auto loan literacy.
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Division of Enterprise Rent-A-Car continues to expand credit union partnerships and drive growth.
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With increased demand for digital lending and auto loan fraud a growing concern, new partnership comes at critical time for industry.
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The market experienced record-breaking price increases this past week, as the supply and demand imbalance continued to drive up wholesale prices.
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The enhanced data provided will allow dealers and consumers to avoid killing a deal over a trade-in value.
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Incorporating vehicle history reports into the lending decisions can help uncover hidden issues with the vehicle and adjust loan terms accordingly.
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