Subprime auto loan volume and market share has continued to decline this year, illustrating that auto lenders may be tightening lending standards. As lenders consider which loans to approve, they should use analytic tools that widen their opportunities and better understand which dealers offer the best potential for their book of business.
According To Most Recent Equifax Data on Subprime Activity:
--871,900 auto loans and leases have been originated YTD to…
ContinueAdded by John Sternal on June 27, 2018 at 4:04pm — No Comments
Jumpstart Automotive Media, a leading media, insights, and marketing solutions company, has new insights into the top fastest growing brands during the month of May. Jumpstart looked at which brands saw the largest increase in shopper interest and searches across its network of publishing sites. See below for trend data.
Top 5 fastest growing brands in May (vs. April):
Porsche: +19%
Fiat: +18%
Maserati: +16%
BMW: +14%
MINI:…
ContinueAdded by John Sternal on June 27, 2018 at 4:01pm — No Comments
Swapalease.com Unveils The Best Family Cars Kids Will Want as Seen In Their Favorite Movies This Summer
Jurassic World, Deadpool 2, and Avengers Infinity War all Premiered Late June, Include Practical Family Vehicles
Swapalease.com, the nation’s largest car lease marketplace, today announced their selections on the “best family cars kids will want” after several kid-friendly summer movie releases…
ContinueAdded by John Sternal on June 27, 2018 at 8:42am — No Comments
Customized searches, understanding buying power & pre-approvals can move the sales needle
Pre-approvals and credit checks remain a critical component of the automotive shopping process. Equifax Inc. (NYSE: EFX), a global information solutions company, unveiled…
ContinueAdded by John Sternal on June 21, 2018 at 9:32am — No Comments
Luxury Performance SUV/CUV: +34%
**Led the way in growth in May 2018 and interest was 10% higher than May 2017
Compact Performance: +18%
Luxury Coupe: +15%
Luxury Performance: +15%
Luxury Performance Sedan: +14%
Share of Interest percentage increases compared with previous month
Reasons Why Interest in Luxury Sports Cars is Falling Compared with Luxury Utilities
Added by John Sternal on June 20, 2018 at 4:14pm — No Comments
CRM driver’s license scan and advanced analytics reduce unwanted threats,
even before the test drive
Criminals are becoming more creative in their approach to commit synthetic ID fraud. According to the Federal Trade Commission, 1.7 percent of identity fraud complaints indicated that auto loans or leases had been generated fraudulently1, up from 0.8 percent in 2015.…
ContinueAdded by John Sternal on June 19, 2018 at 9:10am — No Comments
55.3% of Today’s Popular Leases Retain their Monthly Payment Prices Entering June
Wantalease.com, the nation’s first online car lease marketplace for new lease deals, reports the latest update on new lease offerings, with prices on most of today’s popular leases holding steady from last month. Thirty-six different vehicles maintained their prices from the previous month to this month showing that lease prices are holding steady as we move into the summer…
ContinueAdded by John Sternal on June 14, 2018 at 2:36pm — No Comments
High Performance Tires and Wheels; Complex In-Vehicle Technology Benefits Increase
Protective Asset Protection, a provider of F&I programs, services, and dealer-owned warranty programs, announced today results of the second part of its recent survey addressing consumer and dealer trends in Vehicle Service Contracts and Ancillary Protection Plans. According to the survey, 42% of respondents estimate their…
ContinueAdded by John Sternal on June 7, 2018 at 9:22am — No Comments
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