Thursday, November 5, 2026
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F&I
Preliminary Q3 average payments were $773 new and $548 used, 19% of new loans top $1,000 a month, and 60+-day delinquency is 0.97% (+1 bp YoY), per Experian's Nov. 3 presentation. The payment figures leave less room in many buyers' budgets for added financed costs.
Possible industry effect: Affordability discussions may need to start before the customer reaches F&I.
Sources: Link
The other stories from Thursday, November 5, 2026.
Toyota raised its full-year operating profit forecast and added to its buyback after stronger first-half earnings.
Read the full summary →Mark Templin will become Toyota Motor North America president and CEO on Jan. 1, 2027, succeeding Ted Ogawa.
Read the full summary →The hybrid-only 2027 Sequoia starts at $69,900 and adds Trailhunter and trailer-assist features for fall arrivals.
Read the full summary →GM recalled 67,380 EVs for brake-control software. The safety fix is an over-the-air or dealer update.
Read the full summary →Ken Garff bought Avondale Toyota and One Toyota of Oakland, including their real estate, bringing the group to 71 stores.
Read the full summary →Products supplied 61.7% of F&I income per vehicle in JM&A's dealer sample, ahead of reserve. The sample is not a national census.
Read the full summary →Final car-loan interest deduction rules take effect Nov. 9. A deduction is not an upfront payment discount.
Read the full summary →Agora expanded its dealer funding program to FICO 660 and below. Published rates and advance limits are not an approval for every deal.
Read the full summary →Car-Mart's lenders extended waiver and covenant relief through Nov. 9. That is more time, not a permanent fix.
Read the full summary →