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Four-Figure Loan Payments on the Rise
A LendingTree analysis found that location, age and credit score play a role in the rising amount of auto loan borrowers who make monthly payments of $1,000 or more.
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SEARCHMENUSEARCHA LendingTree analysis found that location, age and credit score play a role in the rising amount of auto loan borrowers who make monthly payments of $1,000 or more.
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FTC accused Passport Automotive Group of deceitful ads, charges, and discriminatory lending.
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CDK Global offering polls U.S. customers on car availability and more.
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Inflation and interest rate hikes could dampen consumer demand.
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Sales fall due to customer affordability concerns. Company offering lower-priced models, cutting its costs.
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Despite continued challenges in the industry, a continued focus on F&I product acceleration and program offerings, combined with more expert resources available, will help fuel further growth throughout 2022 and beyond for dealers.
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Former Nissan store ad executive arrested. Prosecutors say he established shell companies to hide crimes.
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Soft pulls can strengthen consumer confidence and trust in making the right decision, and since they aren’t locked into anything, they can resume shopping and even assess varying price ranges.
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New VSC covers technology, electronic components and safety systems in vehicles.
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Draft regulations would target bait-and-switch price ads, misleading F&I practices, and valueless F&I products.
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