AFG’s Tim Kelly explores options available to lenders in a shifting auto lending landscape in a CU Journal Article
Auto lenders face several interesting trends in 2018. On one hand, vehicle sales are expected to be robust with Cox Automotive projecting 39.5 million used vehicles to be sold up from 39.3 million and 16.7 million new vehicles down slightly from 17.1 million. U.S. consumer confidence is at a 17-year high and it is anticipated that the recent tax cuts will serve to fuel the economy and vehicle buying…