Weekly Wrap: Descending used-vehicle values and an influx of funding
The auto finance industry is poised for change as used-vehicle values declined for the second straight month following nearly a year of record increases. Meanwhile, the industry also saw an influx of funding this quarter, with several lenders also recently piquing the interest of investors.
In this episode of The Weekly Wrap, Associate Editor Amanda Harris and Editor Joey Pizzolato discuss the implications of these developments on the auto finance industry, as well as what is in store for the coming week.