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Why lenders enjoy high used prices
December 13, 2017, 10:45 am EST
Used-vehicle values have largely outperformed expectations this year, and there are at least four reasons for that, according to Tom Kontos, chief economist at ADESA Analytical Services.
Lenders relieved by used-car price strength
December 13, 2017, 10:44 am EST
Lenders who have been watching used-vehicle prices closely are breathing more easily, after prices held up better than expected in the second half.
Many consumers ready to complete vehicle sale online, survey finds
December 13, 2017, 10:44 am EST
Nearly half of consumers surveyed by Chase said they were comfortable completing their entire vehicle purchase online. That statistic bodes well for the bank's Chase Auto Direct digital car-shopping and financing tool.
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