25% of used-car buyers in negative equity position
Some auto consumers faced negative equity in 2024, but many had strong or stable equity positions that offset challenges in…
Big Wheels: Examining negative equity: Price fluctuations pressure consumers
Skyrocketing used-vehicle values during the pandemic pushed loan-to-value ratios down, increasing lender recovery rates and borrower equity. By the end…
Retailers vie for squeezed used-vehicle supply
Used-vehicle supply is constrained, creating a competitive market for dealers and retailers looking to acquire used cars directly from consumers. …
S&P lowers Tricolor auto ABS ratings
Unpaid interest across six classes of notes in Tricolor Auto’s asset-backed securitization deal rated by S&P Global has prompted the agency to reinstate and lower its…
BNPL projected to affect credit scores by 10 points
As buy now, pay later use rises and that debt begins to be reported to credit agencies, the impact is…
Black Friday auto deals offer 0% APR financing, $2.5K cash back
Auto manufacturers are offering low APR options and cash-back incentives for Black Friday 2025. “Even with rate cuts in both…
Polaris reduces shipments as sales fall 11.6%
Powersports manufacturer Polaris is expected to decrease product shipments between 15% and 20% at yearend 2024 after a decline in…
RV retail registrations fall 9%, shipments jump
Retail RV sales slowed in February as shipments from OEMs ratcheted up, forcing some dealers to mark down prices on…
Big Wheels: Used-vehicle values fall 6% YoY
Used-vehicle values decreased year over year in July after trending downward since April but ticked up sequentially. The Exponential Used…
Motorhome values rise in December, registrations slow
Motorhome auction values jumped in December while towable values fell and retail registrations declined. Average motorhome values jumped 16.1% month…
How bankruptcy, fraud impact floorplan lenders
Sudden dealership closures prompt floorplan lenders to evaluate the potential for defaults and prep for recovery — especially when fraud…
Repos could hit 10.5M by yearend with industry in ‘feast mode’
Vehicle repossessions are growing year over year amid affordability concerns and confusion over the shutdown of several auto lenders. National…
Credit availability up 0.8% year over year
Credit access improved in November across all lender types amid improved yield spreads and increased approval rates. The DealerTrack Credit…
Subprime lenders weigh benefits of force-placed insurance
Subprime lenders must balance the risk of consumer defaults with protecting assets when it comes to force-placing insurance. The…
Podcast: July 4 sparks 0% deals, Q2 sales robust
Second-quarter sales of new autos were mixed following a spike in March and April ahead of tariffs taking effect, while…