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Tag: car-purchase financing

Industry Focus Areas, Motorized Vehicle

Underwater on your trade-in? No problem, auto lenders say

January 31, 2018

Via: Automotive News

A growing share of the trade-ins that U.S. auto dealers and lenders accept for car-purchase financing are worthless on paper, a sign that banks and finance companies are making riskier loans to keep up revenue as vehicle sales slow. Almost […]