Browsing Category
Subprime
7 posts
Longer Terms and Wider Credit Access Reshape the Used-Vehicle Deal
For independent dealers, the latest financing data points to two trends worth watching: buyers are stretching loan terms…
Subprime Auto Finance Strategies Independent Dealers Use to Scale Responsibly
Independent dealers continue to play an essential role in helping customers secure dependable transportation. At the same time,…
Rates on Hold — What It Means for Your Used Car Business
The Federal Reserve’s decision to hold its benchmark rate at 3.5–3.75% in late April is more than a…
Subprime Loan Share Surges
After years on the sidelines, subprime borrowers are returning to the automotive finance market in a meaningful way.…
Fed cuts rate, eyes developments in subprime auto market
The Federal Reserve announced its second straight rate cut Wednesday, and that recent developments in the subprime auto…
LHPH class offers information on growing market segment
With monthly car payments on new vehicles now topping $700 and used car payments around $570, affordability is…
Smaller rate hike expected from Fed
Federal Reserve officials are eying another rate hike when they convene next week. But there are signals the…