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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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Average for new and used vehicles decreased in the third quarter.
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October loosening makes three-month trend, but access still tighter than a year ago.
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Two surveys find process is getting easier and more satisfying as inventories grow.
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Ferrari adds option in the US and plans to in Europe, other areas where the alternative funds can be used.
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Increased incentives helped captives take the lead, with 58% of new financing.
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New programs stem from Lotus Cars USA and Santander Consumer partnership.
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Federal guidance says that starting Jan. 1, consumers can transfer them to dealers instead of waiting till tax time.
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Interest rates increasing the costs, with no end in sight, Edmunds finds.
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Designed to transform digital contracting for lenders, dealers, and empower seamless collaboration.
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