Tag: Automotive Finance Market analysis

Loading...
Auto loan delinquency rates pick up the pace...

A recent Experian study found that the amount of time it’s taking for automotive loans opened in Q4 2015 to become delinquent is actually...

Read More Auto loan delinquency rates pick up the pace
Who are the most loyal vehicle consumers?...

When it comes to buying a vehicle, we found that consumers who owned a Certified Pre-Owned (CPO) used vehicle are most loyal to the...

Read More Who are the most loyal vehicle consumers?
3 financial services trends for 2017...

Big changes for the new year 2017 is expected to bring some big changes. But what do those changes mean for the financial services...

Read More 3 financial services trends for 2017
Leasing and used vehicle sales continue to break recor...

Leasing continued its strong growth as the share of new vehicles leased jumped from 26.9% in Q2 2015 to a record high of 31.4%...

Read More Leasing and used vehicle sales continue to break records
Auto loans top $1 trillion...

According to the most recent State of the Automotive Finance Market report, the total balance of open automotive loans increased 11.1% in Q1 2016,...

Read More Auto loans top $1 trillion
Auto financing update–leases set new record...

As new vehicle prices continue to rise, more consumers are turning to leasing as a cost-effective auto financing option. Findings from the most recent...

Read More Auto financing update–leases set new record
Are your lending strategies keeping up with the market...

According to Experian’s latest State of the Automotive Finance Market report, auto loan balances reached an all-time high of $987 billion in Q4 2015...

Read More Are your lending strategies keeping up with the market?
More consumers opt for auto leases...

According to the latest Experian State of the Automotive Finance Market report, leases accounted for nearly 27% of all new vehicle transactions in Q3...

Read More More consumers opt for auto leases
Auto-loan delinquencies stay on track...

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...

Read More Auto-loan delinquencies stay on track