AutoSuccess

JUNE 16, 2025

For one thing, consumers are catching a break in financing. As the Federal Reserve continues cutting rates, auto loan interest rates — which were north of 7% last year — have dropped closer to 5% for buyers with good credit. But some industry analysts believe the long-term cost picture might not be so dire.

Finance 52

Finance Car Management Auto Market 52

AutoSuccess

SEPTEMBER 6, 2024

Interest Rates : Interest rates for auto loans have risen sharply. Higher rates lead to increased monthly payments, making vehicle financing more challenging. According to Cox Automotive’s June 2024 Auto Market Report, the average new car loan interest rate is 10.1% for used car loans.

Vehicle 98

Vehicle Insurance Finance Used Cars 98

AutoSuccess

FEBRUARY 14, 2025

The auto finance and retail industries continued to embrace the adoption of digital documentation and back-office strategies toward the end of 2024. Over the past four years, digital adoption in the auto finance sector has surged by 106%, illustrating a long-term strategic shift toward modernization. auto market.

Retail 40

Retail Finance Auto Market Management 40

Auto Remarketing

OCTOBER 11, 2024

In a recent appearance on the Auto Remarketing Podcast , Roberts issued a reminder that the rate cut announced was for the federal funds rate, which doesn’t automatically apply to auto financing. That doesn’t mean it’s immediately going to trickle through and get into used vehicle financing rates,” he said. “I

Finance 52

Finance Used Cars Vehicle Car 52

Auto Remarketing

NOVEMBER 2, 2023

Generative AI analysis to ensure maximum ROI Generative AI allows auto marketing professionals to adjust the individual price points for each vehicle. By accomplishing this, they can ensure that every price quoted is based upon real-time market fluctuations, diverse financing options, and up-to-date customer trends.

Car Dealership 52

Car Dealership Used Cars Finance Auto Market 52

AutoSuccess

JANUARY 31, 2024

auto market in 2024 , auto dealers face many new challenges: tighter margins, new technology, and a shift to a more electrified future. ECommerce Contract Automation : New capabilities that save buyers and dealers time by automating the flow of data across the financing, desking, and contracting processes.

Automotive 52

Automotive Retail Vehicle Management 52