Automotive sales will pick up in 2021, credit bureau TransUnion predicts, though primarily for customers with prime and above credit. As the U.S. economy continues to muscle through the deadly coronavirus pandemic, nonprime customers will steadily vanish from the market. This slowdown in nonprime originations isn’t likely to stem from …
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Three out of four new-car dealers could accurately identify critical safety features aimed at making new cars safer for teen drivers, but only after most were prompted by shoppers to identify those features — and most of their information was vague. That’s according to a study released last week by …
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Americans are taking advantage of historic new car deals thanks to automakers slashing interest rates and letting owners defer payments, among other incentives. “I got a deal with 0% interest, plus 120 days until my first payment, which is crazy,” said Scott Carpenter, 60, from Nashville, Tennessee. The contractor brought …
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