Electric vehicle (EV) registrations are re-gaining momentum as a wave of more affordable models hit the market, pushing more consumers than ever to make...
Driven by a range of appealing factors including lower monthly payments and a wider array of models—due to the continuous rise in new vehicle...
Over the past few years, we’ve seen in-market shoppers lean into the used vehicle space; however, with new vehicle inventory continuing to rebound, we’re...
According to Experian’s State of the Automotive Finance Market Report: Q4 2023, EVs comprised 8.6% of total new retail transactions, an increase from 7.1%...
According to Experian’s State of the Automotive Finance Market Report: Q3 2023, the average new vehicle loan amount decreased to $40,184, from $41,543 in Q3 2022...
According to Experian’s State of the Automotive Finance Market Report: Q1 2023, the average interest rate for a new vehicle increased to 6...
Experian’s State of the Automotive Finance Market Report: Q4 2022 found that the year-over-year (YOY) average new loan amount increased 4.04%, a smaller growth...
To help the industry better understand the widespread growth, ahead of the show we compiled an Auto Finance Year-in-Review report to break down all...
Experian’s State of the Automotive Finance Market Report: Q3 2022 found that consumers with credit scores between 300 and 660—also considered as the nonprime...
According to Experian’s State of the Automotive Finance Market Report: Q2 2022, the average new vehicle interest loan rate for consumers with a credit...
Leasing has long been a popular choice among consumers who want to enjoy the latest vehicle models, but at a lower monthly payment. In...
Consumers are shifting to used vehicles over new, with a higher percentage of consumers financing used. The move comes as the industry continues to...
According to Experian's State of the Automotive Finance Market Report: Q1 2022, SUVs and CUVs made up 60.38% of total vehicle financing, an increase...
According to Experian’s State of the Automotive Finance Market Report: Q1 2022, credit unions had their highest total share in five y...
The State of the Automotive Finance Market: Q4 2021 report broke down alternative fuel financing trends—specifically how electric vehicle (EV) financing doubled y...