Overall, the automotive finance market has remained resilient, despite the pandemic. Staying close to the data will help lenders ensure they have the right options available to fit consumers’ needs and budgets.
While many SUV brands decrease lease payments, others increase monthly rates after the New Year to meet the segment average.
MUSA Auto Finance announced its plans to expand both new and used car leasing nationwide through a partnership with two large U.S. financial institutions working together toward securitization.
The average loan amount for a new vehicle jumps $4,000; however, the average monthly payment remains steady.
For 16 years, the program has recognized the industry’s best vendors, suppliers, and finance partners.
Synthetic identity fraud is incredibly costly and difficult to detect. Expert explains why your dealership is at risk and why a multilayered defense works best.
Kasasa, LTD. adds value to their financial technology and marketing services platform through its new partnership with Carleton, Inc.
A number of U.S. auto dealers and dealership sales and F&I personnel were the victims or alleged perpetrators in several major fraud cases this year.
A Florida Highway Patrol investigation led to the arrests of husband and wife dealers accused of submitting at least 35 phantom RISCs for purchase by an auto finance company.
The federal spending bill being negotiated by House and Senate leaders is not likely to include an extension of the $7,500 tax credit for buyers of electric vehicles.
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