Edmunds reports nearly 69% of trade-ins come with an average of more than $13,000 in positive equity despite easing inventory constraints. +
Klarna’s Pay in Full, Pay in 4 and longer-term financing solutions are now available to dealers using Tekion’s AI-powered service scheduling platform. +
Experian analysts say sales of full-size trucks, vans and sports cars pushed $1,000 monthly payments to nearly 19% of all auto loans in the first quarter. +
Nordis Technologies COO Nicole Miller has added the role of president to her duties as founder and CEO Ronnie Selinger steps back from leading day-to-day operations to focus on long-term strategy. +
TransUnion’s latest report finds the superprime and subprime credit tiers are growing, thinning the “middle” tiers while pressure rises for nonprime borrowers. +
Average amounts financed, monthly payments and repayment terms all grew on a year-over-year basis in the first quarter, putting auto finance on shaky ground. +
AutoRaptor’s AI-powered CRM now features Payment Penciling and Shop-by-Payment, a two-pronged integrated desking experience with a “powerful” new quoting and deal structuring module. +
Tech Video Grader is one of a number of new, AI-driven service lane and payments solutions MyKaarma is set to debut at the upcoming 2026 NADA Show. +
AutoPayPlus has launched RePayPlus, offering a reinsured version of its biweekly payment program that features a “powerful” customer retention facet. +
Dealertrack reports loan approval rates continue to trend upward as of the end of December, capping a year in which the availability of dealer-arranged financing improved by 3.6%. +
