Tag: financing
New car buyers face record-high monthly auto loan payments
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...
Why the Fed raised interest rates again, and why it matters...
The Federal Reserve has now raised interest rates to their highest since 2008, solidifying the concerns of many industry insiders that the auto-market will...
What will F&I look like in the future? JM&A Group’s Scott...
Scott Gunnell is the new Senior Vice President and Chief Operating Officer at JM&A Group where he has worked for 20 years to provide...
Increase your used vehicle inventory by working with private sellers
Welcome to this week’s episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for the...
Experian’s Melinda Zabritski shares key insights into the state of automotive...
Total open loan balances are on the rise, according to Experian's Q1 2021 State of the Automotive Finance Market Report. So what does this...
What current auto retail conditions tell us about the remainder of...
Joining us today on CBT News is the Executive Director of industry insights for Edmunds.com, Jessica Caldwell. Caldwell shares with us an update on...
The importance of having an in-person experience in a digitized car...
With the car buying journey becoming even more digital and remote, the car shoppers’ affinity for an in-person experience has barely wavered according to...
Are fixed operations financing options necessary?
According to AAA, the average vehicle service invoice cost is now between $500 and $600 in the US. That pricing has been exacerbated by the pandemic...
BHPH Auto Loans Provide an Option for Debt-Strapped Americans
American debt loads are accelerating, driven by extremely low interest rates in the pandemic recovery. An unexpected housing boom demonstrates how consumers are taking...
0% Interest, No Money Down: How Aggressive Financing Props Up in...
The COVID-19 pandemic has wreaked havoc on industries across the nation, decimating small and medium businesses that rely heavily on consistent cashflow. Car sales...
