Tag: auto loans
Last year is a testament to how quickly trends can shift, and entire industries can be turned upside...
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....
The early assessment for the automotive industry is that despite significant challenges at the onset of the pandemic, the industry continues to...
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...
Consumer credit trends are continuously changing, making it imperative to keep up with the latest developments in originations, delinquencies on mortgages, credit cards and...
Consumer credit trends and markets are constantly evolving, particularly when it comes to originations and delinquencies on mortgages, credit cards and auto loans. According...
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...
Vehicle prices are going up, yet consumers seem unfazed. Despite consumers taking out larger loan amounts, they continue to make their monthly payments on...
The economy remains steady, maintaining a positive outlook even though the GDP growth slowed in the first quarter. Real estate is holding ground even...
Auto originations continue to increase — particularly within prime categories. According to Experian’s latest State of the Automotive Finance Market report: Prime consumers grabbed...
Setting new records isn’t just for racecar drivers. The auto finance industry continues to achieve its own new highs. According to Experian’s State of...
A recent Experian study found that the amount of time it’s taking for automotive loans opened in Q4 2015 to become delinquent is actually...
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%...
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