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% in Q2 2016. 
As vehicle prices continue to rise, used vehicle loans also set new records. The average used vehicle loan reached an all-time high of $19,101 in Q2 2016, up from $18,671 in Q2 2015. Used vehicle loans accounted for 55.6% of all vehicle loans in Q2 2016.
Want to capitalize on this growth? Analytics can help you target borrowers who are creditworthy and in the market for an auto loan or lease.
>>Video: Auto Acquisition Strategies
