Tag: auto finance
U.S. auto credit access reaches highest level since December 2022
According to the latest data from Cox Automotive's Dealertrack Credit Availability Index, auto credit access hit the highest level since December 2022 in March....
Edmunds finds record number of buyers opt for longer loan terms
New-vehicle affordability remains a critical issue, and shoppers are feeling the pressure as they opt into longer loan terms. A recent report from Edmunds...
Auto credit access improves in February, reaching highest level since 2022
In February 2025, the Dealertrack Credit Availability Index revealed an overall improvement in auto credit access, with gains across most lending channels. While new-vehicle...
Auto credit availability reaches its highest level since March 2023
In January 2025, access to auto credit remained relatively flat, according to the Dealertrack Credit Availability Index, which reported a slight improvement across all...
Feds hold interest rates steady amid uncertainty around inflation, Trump’s policy...
The Federal Reserve has opted to keep its benchmark interest rate unchanged at 4.25% to 4.5% yesterday, pausing after a series of rate cuts...
Adam Marburger’s three-step process to overcome outside lien cash deals
There's nothing worse for an F&I manager than thinking that a customer is paying cash for a vehicle, only to realize later that they...
Easing credit conditions mark a robust end to auto finance in...
Cox Automotive's Dealertrack Credit Availability Index revealed improved auto credit availability across all channels and lender types in December 2024. The All-Loans Index reached...
Monthly new car payments hit all-time high in Q4 2024
The affordability crisis continues to surge in the automotive industry and remains a hot topic amongst dealers and consumers.
According to the latest information...
New vehicle affordability declines in November, but still better than 2023
According to the latest Cox Automotive/Moody's Analytics Vehicle Affordability Index data, new vehicle affordability declined slightly in November. Despite factors that should increase affordability,...
Auto credit availability improved across all channels in October
The Dealertrack Credit Availability Index showed a rise in auto credit availability across all channels and lender types in October. The All-Loans Index reached...
