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Solera's "captive-like" indirect lending program Solera Auto Finance has spread quickly, growing from fewer than five dealerships in April to nearly 2,300 by the end of July. "There's been a really ...
The auto industry has had its ups and downs over the years, to say the least. Post-pandemic, it’s gone through another renaissance. This means an uptick in potential car buyers for 2025. With interest ...
The COVID-19 pandemic years brought great profits to dealerships and auto lenders, but now the industry is grappling with the long-lasting impacts of a vehicle affordability crunch. High interest ...
According to new data highlighting significant trends in new-car financing from the car-buying authorities at Edmunds, ...
Cox Automotive shared a pair of developments this week connected with Dealertrack. Along with an enhanced integration with 700 Credit, Cox Automotive said Dealertrack reached a new milestone with the ...
The concept of starting an in-house auto finance company in 2016 could be viewed as a curious one. There's the current auto lending regulatory landscape, plus the echoes of the late 2000s auto finance ...
Auto finance is a major profit center for U.S. auto dealerships. Dealers say they make much more on products like service contracts, and not so much on their share of the customer's interest rate.