More than 1,700 New Yorkers who bought out leases arranged at eight Nissan dealerships will get a share of a $3.2 million settlement the dealers reached with Attorney General Letitia James. +

Experian reports the average amount financed in a U.S. new vehicle transaction was $41,572 in the fourth quarter, a 2.6% increase, but with a slightly lower average monthly payment of $600. +

WardsAuto’s Alysha Webb offers tips dealers can use to counter an expected shortfall of more than 1 million off-lease units and help prevent future shortages. +

S&P Global forecasts a 41% year-over-year decline in leased vehicle returns in the first half of 2025. Experts say the low inventories and incentives of 36 months ago will likely affect supplies for at least a year. +