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Report Uncovers $4.7B Opportunity for Auto Dealers
Solving mismatched payment quotes can boost sales, profits
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SEARCHMENUSEARCHSolving mismatched payment quotes can boost sales, profits
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Poll shows growing aversion to technology’s accelerating part in process.
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There appears to be a regulatory target on auto dealer-provided loans.
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Carmaker will add the payment options in its European dealerships this month after introducing it in the U.S. last year.
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June conditions, including best average loan rate in a year, make buying more likely.
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New buyers, especially those with EV trade-ins, are feeling the brunt of depreciation as market normalizes.
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Borrowers taking on more debt, moving many into delinquent territory.
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Affordability metrics improved in May as lending costs ebbed, finances flowed more freely.
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Rising auto loan delinquencies, though bad news, could be another opportunity for agents to help dealers come down from pandemic highs.
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May mix of conditions shows year-over-year loosening by most measures.
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U.S. says $1 billion-plus saved by buyers since the new year, tallies lifetime savings versus gas-powered ownership.
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