Tag: auto loans

The Federal Reserve announced a 0.25% cut to its benchmark interest rates, bringing the target range to 4.5-4.75%. This marks the second interest rate...

The Federal Reserve announced a 50 basis point cut to its benchmark interest rate today, lowering the federal funds rate to a range of...

Dealers and consumers will have to wait for relief from higher interest rates as Federal Reserve leaders opted to leave the Fed benchmark rate...

As if the post-pandemic and supply chain issues weren’t enough the last few years…now financial experts are still banging the drum that a recession...

The Federal Reserve has hiked interest rates once again, this time by 0.25%, but appears poised to discontinue the dis-inflationary tactic. After the last increase...

Monthly auto loan payments have hit an all time high, according to data published by Edmunds. The report sourced data from the last quarter of...

What does success look like in the F&I department? How should it be measured? PVR (per vehicle retailed) is currently the most examined metric used...

A New Hampshire Kia dealership has agreed to a payout of $1.25 million over allegations of deceptive sales practices. The New Hampshire state Consumer Protection...

Even though dealers have to manage multiple competing issues of low inventory, rising lending rates, and a pandemic that is not quite 100% gone,...

With inflation and higher prices still a factor across the country, a growing number of Americans are struggling to make their monthly auto loan...