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Newsby StaffFebruary 8, 2019

Swapalease: Apps, Approval Rates Fell in January

Swapalease.com registered a slight dropoff in credit applications in January, coinciding with the marketplace’s lowest approval rate since May 2018.

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ArticlesFebruary 5, 2019

Subprime Auto Lending Hits 11-Year Low

The third quarter of 2018 saw an alarming plunge in lending to subprime and deep-subprime customers, falling to 21% of all auto loans as banks and finance companies continue to favor the upper credit tiers.

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Newsby StaffFebruary 4, 2019

Ram Up, Chrysler Down in Q4 Lease Report

Swapalease.com’s Q4 2018 Lease Trends Report finds Ram, Acura, and Subaru gaining interest and Chrysler, GMC, and Buick on the decline.

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Newsby Tariq KamalJanuary 31, 2019

Rate Hikes on Hold as Fed Throttles Back

Chairman Jerome Powell confirmed the Federal Reserve is reconsidering two interest-rate hikes planned for 2019 due to a ‘less favorable outlook’ for the global economy.

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Newsby StaffJanuary 24, 2019

Dealertrack to Highlight New Registration and Titling Solutions at NADA

Dealertrack is set to unveil a comprehensive suite of solutions designed to streamline the registration and titling process in all 50 states at the 2019 NADA convention.

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Newsby StaffJanuary 24, 2019

AmTrust, PCMI Partner to Automate and Enhance Reinsurance

A new collaboration between AmTrust Financial Services and PCMI Corp. will integrate PCMI’s reporting solution with AmTrust’s administration software.

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Newsby StaffJanuary 22, 2019

700Credit, Equifax Partner on Pre-Qualification Solution

700Credit and Equifax have teamed up to launch QuickQualify Xpress, a web-based pre-qualification platform that uses Equifax data to prefill applications.

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ArticlesJanuary 12, 2019

3 Reasons to Believe in Leasing in 2019

Attractive price points, sustained value of off-lease units, and rising interest rates point toward leasing remaining a viable financing option for dealers and customers this year.

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ArticlesJanuary 11, 2019

LGBTQ Car Buyers Are Loyal and Affluent

Top-producing F&I pro has a message for dealers who have failed to embrace the LGBTQ community in their marketing, instore processes, or corporate culture.

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Newsby Tariq KamalJanuary 7, 2019

Used-Vehicle Retention Shows First Decline Since May

Black Book’s Used Vehicle Retention Index ticked downward for the second time in December, but seasonal declines weren’t enough to derail the key metric’s largest annual improvement since 2012.

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