Automotive Lending
The State of the Automotive Finance Market: Q4 2021 report broke down alternative fuel financing trends—specifically how electric vehicle (EV) financing doubled y...
According to Experian’s State of Automotive Finance Market: Q3 2021 report, leasing comprised 24.03% of new vehicle financing in Q3 2...
In Q3 2021, the average new vehicle loan amount increased 8.5% year-over-year, while the average used vehicle loan jumped more than 20% year-over...
Despite used vehicle prices rising, loan-to-value (LTVs) ratios are dropping. Ultimately, lower LTVs are a positive trend for consumers because it puts them into...
The automotive finance market is beginning to level out to pre-pandemic trends in Q2...
AutoCheck Buyback Protection is a policy that will compensate a consumer by buying back their vehicle under certain...
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....
In late September, California announced a new requirement for the sale of all new passenger vehicles to be zero-emission by 2035. While that’s still...
While the automotive industry initially took a hit at the onset of COVID-19, things are beginning to rebound. New vehicle registrations are still down...
Consumers are taking advantage of new car incentives, low interest rates and longer-term loans in order to ensure that their vehicle purchase is manageable.......
Staying ahead of the trends and adjusting will support sales growth, while also supporting consumers as they begin to recover from the impact of......
As subprime originations decrease, some think that subprime consumers are being locked out of the automotive finance market, but that’s not the whole s......
The early assessment for the automotive industry is that despite significant challenges at the onset of the pandemic, the industry continues to...