This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Interest Rates : Interest rates for auto loans have risen sharply. Higher rates lead to increased monthly payments, making vehicle financing more challenging. According to Cox Automotive’s June 2024 AutoMarket Report, the average new car loan interest rate is 10.1% for used car loans.
The autofinance and retail industries continued to embrace the adoption of digital documentation and back-office strategies toward the end of 2024. Over the past four years, digital adoption in the autofinance sector has surged by 106%, illustrating a long-term strategic shift toward modernization. automarket.
automarket in 2024 , auto dealers face many new challenges: tighter margins, new technology, and a shift to a more electrified future. ECommerce Contract Automation : New capabilities that save buyers and dealers time by automating the flow of data across the financing, desking, and contracting processes.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Auto Market 
98 
Let's personalize your content