@AutoFinancialGr profile picture
Auto Financial Group @AutoFinancialGr
Joined December 2012
  • Tweets 833
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  • Followers 73
635 Photos and videos
96 month auto loans are on the rise again. Why?? Stretching terms just to lower payments traps borrowers in negative equity. AFG’s residual based financing offers lower payments. No need to go beyond 72 months. 🔗 autofinancenews.net/allposts…

Longer term auto loans gain traction again 

The percentage of outstanding auto loans with initial terms of longer than 96 months is on the rise again as lenders look to help consumers...

autofinancenews.net
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American consumers are feeling the impact of persistent high vehicle prices, as highlighted in this WSJ article. AFG’s residual based financing programs can help your financial institution offer lower monthly payments, often up to 40% below conventional: wsj.com/business/autos/ameri…

American Consumers Lose Patience With High Car Prices

Shoppers are starting to draw the line on what they will pay for a new car, with some turning to used vehicles, taking on longer car loans and holding out for deals.

wsj.com
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While Gene is in Michigan, Tim Kern is in Idaho training our partner CapEd Credit Union's dealerships. #afgtraining
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Where in the US is Gene LeClaire this week? Training our partner, Northland Area FCU's dealerships. #afgtraining Northland recently told us how they saved members over $1.1 million in auto payments with the AFG program. Check out the testimonial: autofinancialgroup.com/in-th…
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AFG's proud to sponsor @openlending's ELR this week in Austin. Stop by AFG's table to speak to Jill Malczewski and Tim Kelly about lowering auto payments for members and getting a higher yield for your institution with residual based financing. #ELR2025
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Amelie Landis and Gene LeClaire had a great time visiting with our partner Route 31 Credit Union! They met with staff and dealer partners to provide training on AFG’s Expressway loan program. #afgtraining
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This week, AFG's Liz Frey and Tim Kern are also on the road, spending time training staff at @Texanscu. Thank you for the warm welcome! #afgtraining
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Tim Kelly and Jill Malczewski RRRRRR having a great time at the 2025 CRIF Select User Forum!
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Big thanks to @frankenmuthcu for welcoming AFG's Gene LeClaire this week! Gene met with Amy Buchinger, Director of Member Services and Lending, and their dealer partners to provide training. Frankenmuth CU has been offering AFG’s Balloon Lending Program since 2009. #afgtraining
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Gene LeClaire was onsite yesterday providing refresher training to our longstanding dealer partner Bob Johnson CDJR. They couldn't wait to remind Gene that they won AFG's Dealership of the Year Award at the 2025 AFG User Conference last May 😀 🎉 #afgtraining
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Auto loan refinancing is on the rise. A recent study shows it jumped 69% as borrowers chase lower rates. Dealers worry this slows sales: not with AFG's programs. They shorten terms while keeping payments affordable. Win for dealers, FIs & borrowers. news.dealershipguy.com/p/aut…

Auto loan refinancing jumps 69% as borrowers lock in lower rates — study

Auto loan borrowers are finding the most refinancing relief with credit unions, saving $87 versus just $46 for those who went with banks, according to Experian. (3 min. read)

news.dealershipguy.com
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A picture-perfect day on the greens! AFG was proud to sponsor the @PenFedFound's Golf Tournament at the legendary Congressional Country Club. Pictured here are our CEO, Richard Epley, and Dealer Development Manager, Tim Kern, teeing it up with great company.
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Don't forget! AFG will be at @Sync1Systems' Lendtopia 2025 next week! If you’ll be attending, we’d love to meet with you. Schedule a time with an AFG representative here: autofinancialgroup.com/event…
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Borrowers are increasingly rolling negative equity into used-car loans: 53% exceed 120% LTV, up from 38% in 2022. Use AFG’s programs & walk-away option to help borrowers eliminate negative equity, lower their payment & reduce your FI's risk. news.dealershipguy.com/p/aut…

Auto lenders drive used car loan-to-value ratios to new peaks

In Q2 2022, just 38% of used vehicle loans carried LTV ratios above 120%. By Q2 2025, that jumped to 53%, according to TransUnion. (3 min. read)

news.dealershipguy.com
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The AFG team was on the ground this week with @ArkansasFederal training their dealership partners. Big thanks to the AFCU team for the warm welcome! PS. AFG's Tim Kern has mastered the art of the group selfie 🤳 😀
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Negative equity just hit a post-pandemic high, with over 26% of trade-ins under water. AFG’s residual based financing helps financial institutions offer more affordable payments while reducing or even eliminating negative equity.news.dealershipguy.com/p/car…

Car buyers are piling on debt as negative equity hits record levels

The average monthly payment for buyers who rolled negative equity into a new loan climbed to $915 in Q2, according to Edmunds. (3 min. read)

news.dealershipguy.com
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AFG had an amazing time with @CommunityFCU this week! Kristina Murphy and Gene LeClaire brought the energy during staff training sessions & then things got real fancy at the Saratoga Race Track for their Employee Day. 🏇✨ Who knew our team could clean up this well? #afgtraining
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"Automakers are trimming vehicle incentives ahead of expected price hikes." While affordability takes another hit, the AFG programs can still help your financial institution make vehicle financing affordable for your borrowers. news.dealershipguy.com/p/the…

The quiet retreat of incentives—and what dealers are doing about it

Something’s gotta give

news.dealershipguy.com
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🇺🇸 Where in the US is AFG's Gene LeClaire this week? Visiting dealers on the leasing program with Michigan United Credit Union #afgtraining
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This week, AFG's Gene LeClaire is back in Massachusetts, training one of Direct Federal Credit Union's partner dealerships, Danvers GMC, on the lease program. #afgtraining
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