TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%


auto loans

fraud

Fraud is on the rise in lending — here’s how to spot it quickly

- September 19, 2022
2021 was a year of recovery for the entire automotive industry, and for dealers in particular. Showroom traffic increased even during a once-in-a-generation inventory shortage and COVID-19 variants dragging on...
car repossessions

Auto loan defaults and car repossessions are rising—should car dealers be concerned?

- August 5, 2022
Dealership owners are concerned as repossessions continue to increase. According to the Cox Automotive Industry Insights 2021 presentation, repossession in 2020 was the lowest in the last five years, but 2021...

Study reveals low financial confidence among consumers—what does this mean for dealers?

- May 3, 2022
Data United LDS has released the results of its 12-year study surrounding consumers’ debt and the stress that comes with it, which showed that a staggering amount of people currently feel...

How auto dealers can help promote greater financial literacy

- April 14, 2022
Around half of Americans operate day-to-day with a limited understanding of finances. That's according to the annual Personal Finance (P-Fin) Index study jointly performed by the Teachers Insurance and Annuity Associate of...

Average down payment for new vehicles climbs over $6,000

- April 7, 2022
According to Edmunds, the average down payment for new vehicles climbed to over $6,000 for the first time. And it's becoming evident that this new economic landscape is causing potential...
subprime loans

Subprime loans recover, delinquencies drop in new TransUnion report

- November 8, 2021
Subprime loans for autos have sprung back to nearly pre-pandemic levels, and fewer borrowers are defaulting on their payments. That’s according to TransUnion's Q3 2021 Quarterly Credit Industry Insights Report...
floor plan

How can floor plan financing work for used car dealers?

- August 20, 2021
There are many factors that go into a used car dealership’s success or failure — customer service, management, and just plain ol’ luck — but one of the most overlooked...
car ownership

A look under the hood: the rising cost of car ownership

- August 9, 2021
As American consumers face surges in both gas and vehicle prices, it’s no secret that the cost of car ownership is rising. But this spike in prices won’t be felt...
auto

Auto Market Summary points to slight market correction

- June 24, 2021
Cox Automotive released its latest auto market weekly summary Monday and while some trends continued, others slightly veered off course. Jobless claims were up, consumer sentiment and retail sales for...
auto loan fraud

Attempted auto loan fraud skyrockets through 2020

- April 19, 2021
Insecurity and joblessness during the initial months of the COVID-19 pandemic are being blamed for a drastic increase in auto loan fraud activity. According to data from AI and data...


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