Small SUVs became the most financed vehicle segment in Q3 2020, making up 26.01% of all financed vehicles during the...
According to Experian’s Q3 2020 State of the Automotive Finance Market report, 26.20% of all new vehicles are leased compared to 30.27% last year.......
While things aren't quite back to normal in Q3 2020, there were a number of positive trends that demonstrates the automotive industry's resilience....
Consumers are taking advantage of new car incentives, low interest rates and longer-term loans in order to ensure that their vehicle purchase is manageable.......
As subprime originations decrease, some think that subprime consumers are being locked out of the automotive finance market, but that’s not the whole s......
The early assessment for the automotive industry is that despite significant challenges at the onset of the pandemic, the industry continues to...
Origination data from April and May provide some insight into the more immediate effects of the pandemic on the automotive...
In Q1 2020, 30-day delinquencies decreased from 1.98 percent in Q1 2019 to 1.93 percent, while 60-day delinquencies dropped from 0.68 percent to...
If there is one word to describe the automotive finance market in Q4 2019, it’s stable. By nearly every measure, the automotive finance market...
According to Experian’s Q3 2019 State of the Automotive Finance Market report, used vehicle financing increased across all credit t...
The average new vehicle loan hit $32,119 in Q2 2019. Average used vehicle loan amounts reached $20,156 in Q2 2019....
Vehicle affordability has been a main topic of conversation in the auto industry for some time, and based on the data, it’s not going...
There’s recently been a significant amount of discussion about the stability of the automotive finance industry. Many fear the increase in the volume of...
Subprime originations hit the lowest overall share of the market seen in 11 years, but does that mean people are being locked out car...
Vehicle prices are going up, yet consumers seem unfazed. Despite consumers taking out larger loan amounts, they continue to make their monthly payments on...