Automotive Lending
The early assessment for the automotive industry is that despite significant challenges at the onset of the pandemic, the industry continues to rebound.
Experian recently released its Q1 2020 Market Trends report, which provides insights about the vehicles on the road and the most popular vehicle segments.
Origination data from April and May provide some insight into the more immediate effects of the pandemic on the automotive industry.
Lower Auto Finance Delinquency Rates; Continued Popularity of Used Vehicles in Q1
Automotive LendingThe automotive industry is in the midst of weathering an unexpected storm due to COVID-19. Here's what the Q1 2020 delinquency rates tell us. Read more.
This week, Experian released a new version of our CrossCore® digital identity and fraud risk platform, adding new tools and functionality.
Shannon Lois, Experian’s Head of DA Analytics and Consulting and Bryan Collins, Senior Product Manager, tackled questions for lenders amidst COVID-19.
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 continued to move along at a good pace.
In the past 10 years, consumers begin purchasing convertibles as early as March.
If you're looking for a competitive edge in 2020, Vision is your ticket into differentiating your organization with the latest insights and innovation.
According to Experian’s Q3 2019 State of the Automotive Finance Market report, used vehicle financing increased across all credit tiers.
As Average Auto Loan Amounts Continue to Increase, Consumers Look to Manage Monthly Payments
Automotive LendingThe average new vehicle loan hit $32,119 in Q2 2019. Average used vehicle loan amounts reached $20,156 in Q2 2019.
We’ve revamped the AutoCheck score, making it even easier to assess how a used vehicle measures up
Experian Boost provides a unique opportunity to help dealers build loyalty while helping consumers.
Pickups are the most common vehicle in operation at 20% share today and hold 16.5% of new vehicle registrations in the market in Q1 2019.
Vehicle affordability is a hot topic in the auto industry and it hasn't gone unnoticed by consumers as data shows vehicle pricing continues to increase.