Edmunds’s latest auto finance report finds average monthly payments passed the $750 mark in the fourth quarter, corresponding with an average amount financed in excess of $42,000. +

Vanguard Dealer Services’ Dylan Doran shares advice for dealers who are considering whether to reinsure their GAP following years of instability in the market and beyond. +

Economist and Forbes contributor Jason Schenker lists five key trends that will determine the performance of dealers’ investment portfolios in 2025, including an accelerating GDP. +

Chairman Jerome Powell said interest rate reductions would slow next year while announcing an expected quarter-point cut to end 2024 with a target range of 4.25% to 4.5%. +

Decisive election results and falling interest rates pushed Cox Automotive’s Dealer Sentiment Index into positive territory as a tumultuous 2024 draws to a close. +

Experian’s latest auto finance report finds U.S. consumers’ monthly payments ticked up for new vehicles and down for used, corresponding with minimal changes in loan amounts. +

Kelley Blue Book reports U.S. used-vehicle sales by franchised and independent dealers increased in October, improving by 7% month-over-month and 12% year-over-year. +

The Federal Reserve’s recent rate cuts in addition to an increase in automakers’ incentives are helping to stabilize the auto market, a good sign for dealers and consumers. WardsAuto's Nancy Dunham reports.+

Declining interest rates, increased incentives and personal income gains have led to the best new-vehicle affordability level since August 2021. +

New-vehicle incentives are up by more than 60% heading into the final stretch of 2024, helping dealers clear inventory off their new-vehicle lots. +