Infographic: Could affordable auto financing be under threat?

A few weeks ago, we told you about an issue between the Consumer Financial Protection Bureau (CFPB) and auto dealers that’s been heating up in the nation’s capital. Below is an infographic from the National Automobile Dealers Association (NADA) that aims to explain this complex issue in a visually easy-to-digest manner.

Take a look and share your thoughts in the comments…Do you think that this federal oversight agency should provide reasonable solutions in its mission to protect consumers? Or do you think that the proposed flat-fee solution is the fairest for all consumers?

 Please click here to download the full image. 

You can learn more about the issue through these resources:

 

Disclaimer:  The author of this post provides strategic communications services for the National Automobile Dealers Association, who is actively involved in the CFPB/dealer-assisted financing debate.

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Melanie Batenchuk founded Be Car Chic in 2009 as a way to help consumers make smart decisions when buying and selling their cars. Her prior work at the dealership, trade association and manufacturer levels has provided her a deep understanding of the complex facets within the auto industry, making her a leading woman in her field.