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Auto Finance Data Show Opportunities and Risks
The share of subprime, longest loan terms grow in Q4 as consumers take on more debt over longer terms to afford higher vehicle prices, Experian research finds.
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SEARCHMENUSEARCHThe share of subprime, longest loan terms grow in Q4 as consumers take on more debt over longer terms to afford higher vehicle prices, Experian research finds.
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Potential short-circuit issue covers many brands from model years 2012 through 2018.
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Reynolds says new report proves improving operational efficiency, engaging technicians in selling maximize profitability, even for very busy service departments.
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Expert says building trust and brand loyalty among all customers can be achieved by tailoring the car-buying experience to women.
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Access to Tesla fast chargers for other brands helped lift satisfaction two straight quarters, but many public chargers still unreliable, survey finds.
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Advocate for AI in auto retail encourages dealerships to embrace it despite reservations due to the power it holds to rev business.
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July conditions tighter for consumers despite average loan rate decline.
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Poll shows growing aversion to technology’s accelerating part in process.
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Payment plans play an important role in the changing automotive industry.
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An easier pathway for F&I to offer protection products while giving customers more financial control.
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