GM Financial is putting much of the deal structure into F&I managers’ hands to speed up the car-financing process and make financing available to dealers and most customers any time of day. GM Financial’s Approval Center tool allows dealers to adjust the deal structure after General Motors’ captive approves customers’ …
Read More »Prime buyers flood used-vehicle market in Q4
Customers with credit scores of 661 and above opted for used vehicles last quarter in the highest numbers since 2009, according to credit bureau Experian. More than half of financed used cars in the fourth quarter of 2019 were originated by consumers in top credit tiers, the company said in …
Read More »Coronavirus Unlikely to Affect Car Supply for Buyers in U.S., for Now
As dangerous as the virus is, there’s little chance the U.S. vehicle supply will be affected in the near term. It’s a massively different story in China, with plant shutdowns happening there and now spreading to South Korea and Europe. This could all change, depending on how soon the virus …
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