Experian Automotive's Q2 report show a significant 70 percent increase in the rate of auto repossessions, reports CNBC's Phil LeBeau with a look at the recent data.» Read More
Ezra Becker, TransUnion, provides an overview of the U. S. consumer credit landscape, including a look at credit card use, mortgage lending, student loan volumes and auto lending.
David Dietze, President & Chief Investment Strategist at Point View Wealth Management, says that investors should not get into Tesla Motors as the stock is just too expensive.
The percentage of auto loans that are past due is rising due to subprime borrowers, reports CNBC's Phil LeBeau.
With more cars on the lot this year, the summer auto sale are likely to be back in full force. But not every deal is a steal. Consumers will need to shop wisely.
The Consumer Financial Protection Bureau expanded its probe into the car loan industry by issuing subpoenas to auto lenders over the sale of financial products like extended warranties, the WSJ reported.
Six- and seven-year loans are becoming an increasingly popular choice — and some lenders will even stretch that out to eight years. These long-term loans allow buyers buy the vehicle they want, but it also costs them more.
A report suggests 20-somethings living in their parents' basement may take after the thrifty, debt-averse survivors of the Great Depression.
CNBC's Phil LeBeau breaks down the costs of the electric automaker's new financing program.
At car dealers across the United States, loans to subprime borrowers are surging — up 18 percent in 2012 from a year earlier, to 6.6 million borrowers. And it's the Federal Reserve that's made it all possible.
CNBC's Phil LeBeau has the details on a new finance program that could boost sales for the electric car company.
Mike Jackson, Chairman & CEO at AutoNation, reports his company's monthly sales numbers; and discusses Tesla's new auto financing program.
Median-income families in only one major U.S. city actually can afford to buy a new car, a new study finds.
Mike Jackson, AutoNation chairman & CEO, discusses his company's robust sales numbers and what it says about the state of the auto industry. "The American consumer is moving on with their life," Jackson added.
CNBC's Kayla Tausche reports consumers are having an easier time getting loans due to competition in the market.
A wider range of car buyers in America were able to take out loans and finance their purchase, according to a new report from Experian Automotive.
As more Americans go into dealerships to buy a new car or truck, they are increasingly stretching out their auto loans to at least five years in length, and often to six and seven years.
Michael Farr, Farr, Miller & Washington, offers insight on the "buy now, pay later" society.
CNBC's Rick Santelli and Phil LeBeau discuss pursuing profit in subprime auto lending.
Auto loans, particularly to buyers with credit scores of 679 or lower, are becoming easier to get as credit gets cheaper.
CNBC's Phil LeBeau has the details on the uptick in subprime car buyers. With more people getting loans and buying cars, how is this affecting the economy? Rebecca Lindland, IHS director of automotive research, weighs in on the need for a happy medium.