Credit access hits 11-year high as loan terms grow longer than ever
On the Dash:
Auto credit access rose for a fifth straight month to its highest level since April 2015.
Loans longer than 72 months reached a record 31.8% share of...
TSLA388.903-9.59699%
GM92.4904.15%
F12.7750.465%
RIVN13.9750.685%
CYD21.410-0.78%
HMC35.3901.4%
TM199.4206.42%
CVNA78.0606.78%
PAG212.9600.75%
LAD315.62016.85%
AN184.6806.17%
GPI278.11013.1%
ABG209.86012.09%
SAH63.7403.06%
TSLA388.903-9.59699%
GM92.4904.15%
F12.7750.465%
RIVN13.9750.685%
CYD21.410-0.78%
HMC35.3901.4%
TM199.4206.42%
CVNA78.0606.78%
PAG212.9600.75%
LAD315.62016.85%
AN184.6806.17%
GPI278.11013.1%
ABG209.86012.09%
SAH63.7403.06%
TSLA388.903-9.59699%
GM92.4904.15%
F12.7750.465%
RIVN13.9750.685%
CYD21.410-0.78%
HMC35.3901.4%
TM199.4206.42%
CVNA78.0606.78%
PAG212.9600.75%
LAD315.62016.85%
AN184.6806.17%
GPI278.11013.1%
ABG209.86012.09%
SAH63.7403.06%
subprime
Experian’s Melinda Zabritski explores findings from Q3 State of Automotive Finance report
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2020 has offered many surprises over the year. Between the onset of the pandemic causing such a quick economic contraction all the way to the inevitable rebound the country is experiencing now,...
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The US economy will rebound, as it always does. Between today and an eventual stabilization, there are bound to be significant challenges for business and consumers alike. Retailers like JC...
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If your dealership works in the subprime space at all, you already understand the challenges that come with these deals. Tighter restrictions on payment, income verification, and a sometimes hostile...
Auto Dealers Stack Deck Against Subprime Woes!
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Where your fixed-ops focus should be right now | Subprime Blind! Make Your Dealer Accountable | Can Small Dealers Offer High-Quality Valet Service Too?
On today's CBT Newscast for Tuesday, August 1st, 2017:
Jeff Cowan: Where your fixed-ops focus should be right now
No matter what technology your service drive uses, nothing can replace a human...
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