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Newsby Tariq KamalMay 21, 2019

Subprime Up 13% as Total Auto Originations Decline

The Federal Reserve Bank of New York’s Q1 U.S. household debt report finds auto loan and lease originations declined slightly year-over-year — except for sub-620 customers — while 90-day delinquencies grew by 9.2%.

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Newsby StaffMay 20, 2019

Lease Prices Steady Heading Into Memorial Day Weekend

Wantalease.com analysts report relatively flat lease pricing across most major brands, but increases on several popular models should give dealers enhanced latitude for holiday weekend lease discounts.

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Newsby StaffMay 14, 2019

Swapalease: Approval Rate Up 1.8% in April

Lease approvals on Swapalease.com’s secondary marketplace ticked up to 72% in April, the highest rate since August 2018.

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Newsby StaffMay 6, 2019

Black Book: Used Values Decline for Fifth Straight Month

Black Book’s Used Vehicle Retention Index registered at 113.6 in April, 1.4% higher than it was a year ago but 0.2% lower than in March.

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Newsby StaffMay 1, 2019

Study: Tesla Drivers Have Highest Credit Scores

An analysis of more than 35,000 loans for pre-owned vehicles on the LendingTree platform finds Tesla, Porsche, and Lexus buyers had the highest average credit scores.

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Newsby StaffApril 30, 2019

Luxury Sports Sedans Lose Favor in Secondary Lease Market

Swapalease.com’s Q1 latest report finds only 11.2% of lease-exchange customers favored luxury sports sedans in the first quarter, down from 17.7% in Q1 2018.

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Newsby StaffApril 24, 2019

Ford Lease Prices Spike in Otherwise Steady April

Wantalease.com reports 75% of auto lease prices have remained largely flat so far in April, but several Ford models became more expensive after an incentive-laden March.

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Newsby Tariq KamalApril 16, 2019

Trump Touts Tax Cuts on Dealer Visit

President Trump kicked off a weeklong public awareness campaign for the 2017 Tax Cuts and Jobs Act with a visit to Nuss Truck and Equipment in Burnsville, Minn.

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Newsby StaffApril 11, 2019

Report: 2019 Depreciation Rate Up Sharply to 15%

Black Book and Fitch Ratings’ annual used-vehicle depreciation and auto ABS report predicts a 15% depreciation rate for U.S.-registered vehicles, up from 12.4% in 2018.

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ArticlesApril 11, 2019

Q4 Revisited: Affordability, Not Delinquency, Is Cause for Concern

Thirty- and 60-day delinquencies remained fairly stable in the fourth quarter, while affordability rightfully remains a key point of discussion among dealers and auto finance sources.

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