Declining used-vehicle prices contributed to a rise in the volume of 1- to 5-year-old models priced below $20,000 at the end ...
Sales were strong from nearly every auto manufacturer in the fourth quarter, driving up yearend sales numbers.
The Exponential Used Vehicle Index hit 134.73 as of Dec. 28, 0.1% higher than December 2023 and down 1.3% sequentially.
The past year has largely been defined by persistent affordability concerns even as vehicle prices stabilize and interest rates come down ...
Carvana has reestablished an agreement with Ally Financial to sell the lender up to $4 billion in used-vehicle loan ...
JPMorgan has reiterated its stance on Carvana following a report from short-seller Hindenburg that raised concerns on the ...
Gravity Lending’s auto refinance applications and approvals have grown year over year, driven by declining interest rates and the resurgence ...
Powersports lender Octane Lending is expecting double-digit origination growth in its RV and marine segments in 2025.
President-elect Donald Trump’s threat to eliminate tax credits for electric vehicles likely gave plug-in cars a much-needed ...
Auto Finance News’ five most read stories in 2024 span affordability challenges, regulatory oversight and technology ...
Carvana was accused by short-seller Hindenburg Research of impropriety in a report alleging that the subprime loan portfolio ...
Auto loan rates on new and used vehicles fell year over year in December following the third consecutive rate cut from the ...