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Prices for used vehicles declined 4.2% in the first 10 months of 2019 while volume increased 5.2%, J.D. Power analysts say, a trend that has begun to affect...
https://www.autodealertodaymagazine.com/359597/report-spike-in-wholesale-volume-hurts-pre-owned-values
Equifax analysts say U.S. auto loan and lease originations declined 0.6% and 3.9% year-over-year in the first half of 2019, but balances for new vehicle...
https://www.autodealertodaymagazine.com/359528/auto-loan-and-lease-activity-slows-as-balances-grow
Dealers on the CDK Global DMS can now import lease deals into Digital Contracting on the Dealertrack uniFI platform, part of an upgrade also designed to...
https://www.autodealertodaymagazine.com/359523/dealertrack-fi-streamlines-lease-contract-workflow
The Federal Reserve reports U.S. car buyers borrowed $159 billion in the third quarter, a modest gain powered by a 6% increase in originations to prime...
https://www.autodealertodaymagazine.com/359499/auto-loans-and-leases-up-1-in-q3
Ford Motor Credit is No. 1 in J.D. Power’s latest rankings of customer satisfaction with auto finance companies. Analysts say the metric is increasingly...
https://www.autodealertodaymagazine.com/359489/ford-credit-tops-all-finance-sources-in-customer-satisfaction
Black Book’s latest Used Vehicle Retention Index report shows retained values for light trucks declined at a faster rate than many car segments.
https://www.autodealertodaymagazine.com/359342/used-trucks-lost-more-value-than-sedans-in-october
Ten-year auto finance veteran Scott Maybee has been named president of NextGear Capital after serving as general manager of Manheim Northstar Minnesota.
https://www.autodealertodaymagazine.com/359339/maybee-named-president-of-nextgear-capital
Kelley Blue Book analysts say the average new vehicle transaction climbed to $38,259 in October, a slight decline from the prior month but 2.9% higher than...
https://www.autodealertodaymagazine.com/359332/average-new-vehicle-prices-up-nearly-3-in-october
The Federal Reserve has announced its third interest rate reduction since July, this time excluding language committing the central bank to action in...
https://www.autodealertodaymagazine.com/359319/fed-triggers-third-interest-rate-cut-of-2019
Mini Financial Services has launched Flipped Financing, a new captive finance option billed as a simplified, low-pressure, single-rate approach for dealers,...
https://www.autodealertodaymagazine.com/359163/mini-dealers-get-flat-rate-auto-finance-program