March 2025
Thank you for reading the March 2025 issue of AFG’s Driving Insights, an email newsletter designed to keep you informed about the latest trends in vehicle financing, provide educational resources on residual based financing, and share updates on Auto Financial Group’s programs.
As vehicle prices remain high and interest rates show no signs of easing, finding affordable financing options is more important than ever.
In this issue:
🚘 We’re diving into the latest trends shaping the auto finance industry, including why used-car prices remain stubbornly high.
💵 We’re sharing a real story from a lender using AFG’s program to help their borrowers afford a better, more reliable vehicle.
💻 We would also like to cordially invite you to our upcoming webinars on “Increasing ROI with Residual Based Financing” and “Understanding Residual Based Financing.”
Keep reading for all the details!
Auto Finance Trends
New car prices rise four months in a row to near-record high, 1/16/2025
Why There Is No Relief Ahead for High Used-Car Prices
“Thin stocks and higher prices for preowned cars have coincided with higher interest rates and auto-insurance premiums, making it harder for consumers to afford the monthly costs associated with vehicle ownership.”
✅️ Give borrowers who no longer can delay a vehicle purchase but face higher prices than the last time they were in the market a break on their monthly payment with AFG’s Residual Based Financing Programs.
AFG Partner Experience
Finding an affordable, reliable vehicle can be challenging. Whitefish Credit Union shares how AFG’s program helped an older couple secure a dependable, much newer car, within their budget.
Events
💻 AFG is hosting a webinar, Increase ROI with Residual Based Financing, March 26 at 2pm Eastern/1pm Central. Click here to register.
📋 AFG will host its annual User Conference in Austin, TX, May 6-8. Click here to register.
🏢 CU*South Visionary Conference
May 19-21, Orlando, FL
🏢 Lending Tech Live
June 16-18
Nashville, TN
AFG will be in attendance at these two events. If you’d like to learn more about our programs, you can make an appointment with an AFG representative. Click here to schedule it.
Spotlight on Affordability
Affordability is a critical concern for many borrowers in a highly fluctuating vehicle market. AFG will highlight a vehicle each month that showcases how the AFG walk-away balloon and vehicle leasing programs offer a more affordable payment compared to conventional financing.
