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3 Reasons to Believe in Leasing in 2019

3 Reasons to Believe in Leasing in 2019

Attractive price points, sustained value of off-lease units, and rising interest rates point toward leasing remaining a viable financing option for dealers and customers this year.

January 12, 2019

Used-Vehicle Retention Shows First Decline Since May

Used-Vehicle Retention Shows First Decline Since May

Black Book’s Used Vehicle Retention Index ticked downward for the second time in December, but seasonal declines weren’t enough to derail the key metric’s largest annual improvement since 2012.

January 7, 2019

5 Ways Auto Finance Will Change in 2019

5 Ways Auto Finance Will Change in 2019

Expert predicts flat sales and consumer demand will push more banks and finance companies to deliver consumer-friendly technology and transparency in an increasingly competitive market.

December 28, 2018

Fed Raises Interest Rate, Lowers Growth Forecast
Lease Approvals Fall Slightly in November
Experian Offers Instant Credit Score Improvement
Opinion: Biweekly Payments Fit a Biweekly World

Opinion: Biweekly Payments Fit a Biweekly World

Expert says affordable payments are the key to dealership success as incentives fall, interest rates rise, and the vast majority of Americans continues to budget around a twice-monthly paycheck.

December 18, 2018

Cars Lead End-of-Year Lease Discounts

Cars Lead End-of-Year Lease Discounts

Wantalease.com reports increased new-lease discounts among compact cars, full-size cars, and entry-level luxury cars in the first two weeks of December.

December 18, 2018

Used-Car Prices Fall 2.5% in November

Used-Car Prices Fall 2.5% in November

Black Book’s final depreciation report of 2018 finds prices for used cars and trucks decreased by 2.7% and 2.3%, respectively, with declines among compacts, minivans, and full-size utilities setting the pace.

December 13, 2018

Cox: Dealer Pessimism Grows With New Threats

Cox: Dealer Pessimism Grows With New Threats

Cox Automotive’s latest Dealer Sentiment Index finds a ‘notable negative turn’ among U.S. dealers, the majority of whom took a dim view of the fourth-quarter market and their 2019 prospects.

December 12, 2018

KAR Consolidates Repo Management Team

KAR Auction Services has consolidated its Recovery Database Network management team following the company’s acquisition of Clearplan.

December 11, 2018

NADA Confirms Show Dates Through 2024
Santander Settles CFPB Charges for $11.8M

Santander Settles CFPB Charges for $11.8M

Santander Consumer USA has agreed to pay $9.29 million in restitution and $2.5 million in fines to settle claims leveled by the U.S. Consumer Financial Protection Bureau over the finance source’s GAP and interest-only payments programs.

November 21, 2018

Lease Approvals Up Slightly in October

Swapalease.com’s latest report show U.S. lease approval rates improved slightly to 70.9% in October following a 3.9% dip in September.

November 15, 2018

Happy Holidays: Highest Vehicle Theft Days Ranked