More consumers opt for auto leases...

Posted on Dec 10 2015 by
According to the latest Experian State of the Automotive Finance...

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Auto-loan delinquencies stay on track...

Posted on Aug 20 2015 by
While auto delinquencies declined slightly year over year (3.01% for accounts 30 days past due or greater in Q2 2015 versus 3.03% a year earlier), it is interesting to note the variance in delinquency by lender...

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Auto loan balances continue to set new records...

Posted on Jun 01 2015 by
According to Experian’s latest State of the Automotive Finance Market report, auto loan balances reached an all-time high of $905 billion in the first quarter of 2015 — an increase of 11.3% from a year ago. Additionally, both...

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Credit unions tailgate captive auto lenders...

Posted on Oct 02 2014 by
Auto loan originations reached $153 billion in Q2 2014, which was a 16 percent increase over the same quarter last year. While the largest contribution came from captive auto lenders at $47 billion (a 14 percent increase), credit...

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Older-model vehicles at highest percentage on record...

Posted on Jul 18 2014 by
While automotive loan originations grew 15 percent year over year in Q1 2014, a recent Experian Automotive study found that more consumers are continuing to drive older-model vehicles. Vehicles predating the 2001 model year...

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Automotive delinquencies increase in twenty-two states...

Posted on Jun 02 2014 by
Although 60-day automotive loan delinquencies fell 1.7 percent at a national level when comparing Q1 2014 to Q1 2013, twenty-two states actually experienced a delinquency increase. Delaware showed the sharpest increase, moving up...

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Leasing grows in popularity as lenders ease credit standards...

Posted on Mar 20 2014 by
The most recent Experian State of the Automotive Finance Market report shows more consumers are leasing vehicles. Leases accounted for 28.4 percent of all new vehicles financed in Q4 2013 - the highest level on record since...

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Nonprime and subprime auto lending increases while delinquen...

Posted on Dec 16 2012 by
Findings from Experian's latest State of the Automotive Finance Market analysis showed market share for nonprime, subprime and deep subprime automotive loans for new vehicles grew by 13.6 percent and new vehicle leasing increased...

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