More Auto Consumers Opting for Longer Loan Terms

Rate grows as borrowers try to lower monthly payments.
https://www.fi-magazine.com/369823/more-auto-consumers-opting-for-longer-loan-terms?utm_source=dlvr.it&utm_medium=blogger

Hacking Exercise Reveals Vulnerabilities of High-Tech Cars

‘White-hat’ experts access customer data, even remote control of some models.
https://www.fi-magazine.com/369825/hacking-exercise-reveals-vulnerabilities-of-high-tech-cars?utm_source=dlvr.it&utm_medium=blogger

Car Financing Costs Will Keep Rising This Year

Interest rates will continue climb, eating into inventory improvements’ effect.
https://www.fi-magazine.com/369839/car-financing-costs-will-keep-rising-this-year?utm_source=dlvr.it&utm_medium=blogger

Auto Leases Fell in 2022

TransUnion research finds a lack of inventory and low interest rates turned consumers away from leasing new cars and trucks over an 11-month period.
https://www.fi-magazine.com/369848/auto-leases-fell-in-2022?utm_source=dlvr.it&utm_medium=blogger

Tesla Leads in Profit Per EV

Tesla has built a commanding lead over most major rivals in profit per vehicle, according to Reuters research.
https://www.fi-magazine.com/369849/tesla-leads-in-profit-per-ev?utm_source=dlvr.it&utm_medium=blogger

Customers Less Satisfied with Buying Process in 2022

New research from Cox Automotive shows consumer satisfaction with the car buying process declined in 2022 for the second consecutive year.
https://www.fi-magazine.com/369850/customers-less-satisfied-with-buying-process-in-2022?utm_source=dlvr.it&utm_medium=blogger

Black Book: Weekly Market Report

With two weeks of the new year now behind us, the trends that we ended 2022 with are continuing into 2023.
https://www.fi-magazine.com/369829/black-book-weekly-market-report-9?utm_source=dlvr.it&utm_medium=blogger