New cars on finance fund managers are rotating into “new

Fund managers are rotating into “new cars on finance” equities as defensive plays within the consumer finance segment, anticipating demand to remain steady regardless of economic headwinds. The general definition of "cash tip" for this tax break includes tokens readily "exchangeable for a fixed amount in cash." Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range, can also impact how and where products appear on this site. While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service. Analysts tracking “new cars on finance” note that auto finance providers are shifting towards fixed-rate products amid market volatility. Share prices for top lenders in the sector edged up, supported by forward guidance showing steady loan volumes.