Premium Articles

It appears loyalty to a financial services provider might be waning, especially when considering younger users. More than a fourth of financial services consumers (28%) said they are considering switching to a new financial services company, according to a new study released on Tuesday by Yes Marketing. In its “Inside the Lifecycle of the Financial […] [Read More]

A positive car buying experience is more important to customers than price. That is according to a recent survey from Roadster, which provides car buying and leasing commerce solutions. And according to the survey, that positive experience is also more important than price in other industries. Roadster’s survey covered sectors such as grocery, apparel and […] [Read More]

Dealers in upbeat moods thanks to more showroom activity translated into actions in the lanes being more robust last week, according to the latest Black Book Market Insights report. Those behaviors resulted in analysts noticing wholesale values staying stronger than they had during the previous four weeks. “Strong valuation trends were seen across the majority […] [Read More]

If your non-prime portfolio performance is experiencing some cyclical turbulence this summer, it appears you might not be alone. This week, Kroll Bond Rating Agency (KBRA) released its auto loan indices for July, reporting on delinquency roll rates from asset-level disclosures. Analysts said servicer reports showed mixed results across securitized prime and non-prime auto loan […] [Read More]

 A shade over 29% of new-vehicle sales in the first quarter of the year were leased, according to Experian’s latest State of the Automotive Finance Market report. That’s down a smidge from 29.83% a year earlier, but Experian notes in the report that a lease “continues to be a sought-after product, generating payments on average […] [Read More]

Why is car subscription the way of the future for dealerships? How can dealers ease their dealerships into the new mobility services? And how can dealers dip their toes into mobility services instead of diving head first into the deep end? Those are just some of the topics covered in a new Cox Automotive Mobility […] [Read More]

Compared to July 2018, Canadian median used-vehicle prices have risen by 6.8%. Asian-manufactured used vehicles, at 10.3%, showed the largest year-over-year price increase. And the Ford F-150 was the most commonly searched vehicle on autoTRADER.ca from late June to late July. Those are just some of the findings from the July autoTRADER.ca Price Index. The index, […] [Read More]

Cox Automotive explained why its July wholesale price data makes for a challenging comparison to what analysts reported a year ago. In its latest update, the company said wholesale used-vehicle prices (on a mix-, mileage- and seasonally adjusted basis) increased 0.01% month-over-month in July. This movement brought the Manheim Used Vehicle Value Index to 140.5, representing […] [Read More]

Buy-here, pay-here dealerships might see their potential buyer base grow as summer rolls along, stemming from the jump in bankruptcies filed in July. According to data provided by Epiq Systems, the American Bankruptcy Institute (ABI) reported this week that total U.S. bankruptcy filings increased 3% year-over-year in July. Total filings came in at 64,283, up from […] [Read More]

The overall used-vehicle sales market was a bit slower in July, but the seasonally adjusted annualized rate is still tracking towards 40 million, and dealers are enjoying strong used-car operations. Not to mention, the used retail SAAR was up from June and year-ago figures, and the public dealer groups are showing strength in used-car sales. […] [Read More]