According to Experian’s Automotive Market Trends Report: Q3 2022, new vehicle registrations were down 16.4%, going from 12.2 million through Q3 2021 to 10.2 million this quarter. Used vehicles experienced a 12.6% decline, coming in at 29.8 million through Q3 2022, from 34.1 million the previous year.

As the market has shifted, effective cost management is a top priority. Learn the benefits of creating a multichannel mortgage marketing strategy.

When you provide financial wellness services, your likelihood of acquiring customers who make smarter financial choices may increase.