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Auto Finance

ArticlesDecember 28, 2018

5 Ways Auto Finance Will Change in 2019

Expert predicts flat sales and consumer demand will push more banks and finance companies to deliver consumer-friendly technology and transparency in an increasingly competitive market.

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Articlesby Gil Van OverDecember 21, 2018

Stop Grossing Up Fixed Incomes

Dealer-lender agreements and federal regulators all have something to say on the subject of income inflation, and ignoring those guidelines can create a compliance nightmare.

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Newsby Tariq KamalDecember 20, 2018

Fed Raises Interest Rate, Lowers Growth Forecast

The Federal Reserve announced its fourth hike in the federal funds rate this year and lowered its economic growth forecast for 2018 and 2019.

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Newsby StaffDecember 20, 2018

Lease Approvals Fall Slightly in November

Swapalease.com reports U.S. lease approval ratings declined by 2% in November following an October surge.

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Newsby StaffDecember 18, 2018

Experian Offers Instant Credit Score Improvement

Experian Boost was designed to give consumers the opportunity to raise their credit scores instantly by adding data to their Experian credit reports.

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ArticlesDecember 18, 2018

Opinion: Biweekly Payments Fit a Biweekly World

Expert says affordable payments are the key to dealership success as incentives fall, interest rates rise, and the vast majority of Americans continues to budget around a twice-monthly paycheck.

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Newsby StaffDecember 18, 2018

Cars Lead End-of-Year Lease Discounts

Wantalease.com reports increased new-lease discounts among compact cars, full-size cars, and entry-level luxury cars in the first two weeks of December.

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Newsby StaffDecember 13, 2018

Used-Car Prices Fall 2.5% in November

Black Book’s final depreciation report of 2018 finds prices for used cars and trucks decreased by 2.7% and 2.3%, respectively, with declines among compacts, minivans, and full-size utilities setting the pace.

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Newsby StaffDecember 12, 2018

Cox: Dealer Pessimism Grows With New Threats

Cox Automotive’s latest Dealer Sentiment Index finds a ‘notable negative turn’ among U.S. dealers, the majority of whom took a dim view of the fourth-quarter market and their 2019 prospects.

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Newsby StaffDecember 11, 2018

KAR Consolidates Repo Management Team

KAR Auction Services has consolidated its Recovery Database Network management team following the company’s acquisition of Clearplan.

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