Auto Financial Group Announces Q2 2026 Results
PR Newswire
HOUSTON, Sept. 2, 2026
HOUSTON, Sept. 2, 2026 /PRNewswire/ -- Auto Financial Group (AFG), one of the nation's leading sources of residual based financing and vehicle remarketing for financial institutions, announced results for Q2 2026 today.
In the second quarter of 2026, AFG signed two new credit unions to its Walk-Away Balloon Lending Program: Sun Federal Credit Union and Wauna Federal Credit Union. The two credit unions represent combined assets of $1.07 billion and a reach increase of more than 2 million consumers across two states.
"At Wauna Credit Union, we believe every one of our members deserves an affordable path to reliable transportation. Our new Drive & $ave program reflects who we are as a cooperative," says Robert Blumberg, CEO & President at Wauna Credit Union. "We're not just financing cars, we're helping our neighbors get to work, get their kids to school, and to build their financial well-being by making room in their budget for the things that matter most."
"Edmunds Q2 data illustrates the stark reality of today's new-vehicle market: affordability is such a massive hurdle that buyers are stretching budgets to the limit just to get into a new vehicle, with nearly one in four financing for 84 months and one in five facing payments above $1,000," says Richard Epley, CEO, Auto Financial Group. "The partnerships we added this quarter reflect growing recognition that there's a better path. AFG's programs help members access vehicles with affordable payments without extending terms, and we're proud to expand that with each new account signed."
Learn more about AFG's programs at https://www.autofinancialgroup.com/products/
About Auto Financial Group
Auto Financial Group (AFG), a Houston-based company, provides an online, residual based, walk-away vehicle financing product called AFG Balloon Lending, as well as vehicle leasing and vehicle remarketing to financial institutions across North America.
AFG's residual based financing solutions provide the advantages of lower payments, flexible terms, in the case of the balloon loan, actual ownership of the vehicle and several end-of-term options, including the option to surrender the vehicle and walk away in lieu of paying the final loan payment. The financial institution receives higher loan yields, a competitive residual based financing alternative, and AFG manages the entire end-of-term process.
The AFG Remarketing program is a proven solution for financial institutions that offers the greatest financial return to their clients by matching assets to the selling network with the greatest number of buyers.
For more information about AFG call toll free at 877-354-4234, or visit www.autofinancialgroup.com
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SOURCE Auto Financial Group
