Auto Financial Group Reports Strong Q1 2025 Results with Expanded Partnerships

Auto Financial Group Reports Q1 2025 Results

On May 6, 2025, Auto Financial Group (AFG), a prominent player in the financial services space for auto financing, announced its results for the first quarter of 2025. AFG is known for providing residual-based financing options and vehicle remarketing solutions, mainly serving credit unions and financial institutions across the United States.

In the first quarter of 2025, AFG successfully onboarded five new credit unions into its innovative Walk-Away Balloon Lending Program. Among these new partners are the 3Hill Credit Union, Champion Credit Union, Inc., and the Publix Employees Federal Credit Union. Collectively, these affiliates represent nearly $4 billion in assets and significantly augment AFG's potential outreach, now touching over 4 million consumers spread across eleven states.

Steve Vandergriff, the Vice President of Lending at Publix Employees Federal Credit Union, expressed enthusiasm about this collaboration, stating, "At PEFCU, we are committed to finding proactive solutions that meet the evolving needs of our members. In today's challenging auto market—with rising interest rates and inflated loan-to-values—we recognize the necessity of offering even greater flexibility in our financing options. We're excited to partner with AFG to expand our ability to help members secure the vehicles they desire, while also maintaining affordability in their payments."

The automotive market is currently facing challenges, particularly skyrocketing vehicle prices and heightened interest rates. According to reports from Experian, the average monthly payment for acquiring a new vehicle reached a staggering $738 in Q1 2025, putting considerable strain on household budgets. Richard Epley, the CEO of AFG, highlighted these pressures, emphasizing how the ongoing high interest rates and prolonged vehicle price inflation have led credit unions to seek AFG's residual-based financing solutions. These options offer members the benefits of lower monthly payments and increased flexibility at the time of loan maturity.

In accordance with AFG's mission to cater to these evolving financial needs, the company takes pride in its role as a partner to the five newly acquired credit unions. Epley stated, "We're proud to collaborate with these new partners that are looking for effective ways to address the vehicle financing needs of their members in today’s demanding market."

The Walk-Away Balloon Lending Program allows consumers an alternative route to vehicle ownership. It provides advantages such as reduced monthly payments, flexible terms, and various end-of-term options, including the ability to surrender the vehicle instead of making the final payment. For financial institutions, this creates the opportunity for higher loan yields and a competitive edge in the marketplace, as AFG manages the entire end-of-term process seamlessly.

You can learn more about AFG's various financing programs and options by visiting their official website at Auto Financial Group.

About Auto Financial Group

Based in Houston, Auto Financial Group specializes in innovative financing products like the AFG Balloon Lending, which is an online, residual-based vehicle financing offering. AFG's services extend to vehicle leasing and remarketing aimed specifically at financial institutions throughout North America. With a focus on enabling consumers to secure loans that best accommodate their financial situations, AFG is prepared to meet the challenges posed by the ever-evolving automotive landscape.

For more information or inquiries, interested parties can contact AFG toll-free at 877-354-4234 or visit their website for additional details.