Auto finance is the second largest debt burden for millennials. Auto finance debt was the biggest debt burden in 15 metropolitan areas and averaged about 33 percent of millennial’s average…
There were 10.2 million auto contracts, totaling $230.6 billion, originated through May, according to Equifax. This is a 1.1 percent increase in accounts and a 3.2 percent increase in balances…
Prices at auction are rising, but is this due to the threat of tariffs? Cox Automotive chief economist Jonathan Smoke is saying, “Yes, at least to a degree. “A key…
A Rhode Island woman has been charged with allegedly using forged business checks, stealing as much as $400,000 from a used-car dealership where she was employed as an office manager…
Carvana Co. has launched in Tulsa, Okla. This doubles the firm’s Oklahoma market presence. Carvana first launched in Oklahoma in June 2017.
Five federal agencies issued a joint statement explaining the role of supervisory guidance for regulated institutions. The agencies are: the Federal Reserve Board, the Bureau of Consumer Financial Protection, the…
DriveTime announced the relocation of its Tryon, N.C., dealership. Located in the Charlotte metro area, DriveTime's newest dealership is located at 6431 N. Tryon St. The new facility has 9,646…
Wholesale used vehicle prices increased 2.01 percent month-over-month in August. This brought the Manheim Used Vehicle Value Index to 139.7, a 6.4 percent increase from a year ago. It is…
Carvana Co. is planning to offer, subject to market conditions and other factors, $300 million worth of senior notes. Carvana intends to use the net proceeds from this offering to…

Please publish modules in offcanvas position.