Dealers who structure loans to limit loan size compared with the value of the collateral lowers risk.

Amid inflation and rising interest rates, CarMax says pre-qualified customers can know what they can afford as soon as they begin to shop.

Dealership buy-in is considered an important element to the prospects of EV market success.

“We’ve created one view of the customer and a complete deal workflow with unmatched data insights,” says Lori Wittman.

Under the Agency Model, customers experience a streamlined purchase, finance and delivery experience, while dealers can sell, deliver and service vehicles, reducing the cost of financing stock and minimizing the risk of aging inventory.

U.S. economy may stall new-vehicle production.