A lease buyout loan allows you to purchase the vehicle you are leasing. If you want to buy out your lease, you can purchase ...

TROY, Mich.: 12 Dec. 2023 — Against a backdrop of shrinking margins and strained profitability, auto lenders need to do everything they can to deliver stand-out customer experiences while reducing ...

Dealers overwhelmingly agree a disconnect in the car-buying process exists between auto retailers and customers and blame lenders at least in part for an inability to deliver the deal information ...

When you refinance a car loan, you replace your current loan with a new one, ideally with a lower interest rate, smaller monthly payment or both. The auto refinancing application process should take ...

Last week, Open Lending Corp. announced the launch of ApexOne Auto, an advanced decisioning platform that expands the company’s capabilities to serve the full ...

Your location, loan amount and chosen lender can impact your refinancing costs.

Ohioans have seen some of the lowest auto loan debt reductions in the country, but they also have some of the lowest balances as well. From the final quarter of last year through March 2025, Ohioans ...

That does not mean the vehicles are submerged. In a sense, the drivers are. More than one in four trade-ins had negative equity in the third quarter of 2025, Edmunds reports. In auto industry parlance ...

An American Flag at the Ford Motor Company Kentucky Truck Plant is seen during a media tour for the launch of the 2025 Ford Expedition in Louisville, Ky., April 30, 2025. AP photo Millions of people ...

Americans with lower credit scores are falling behind on their car payments at the highest level in decades. A record 6.65 ...