Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
The average amount consumers finance on vehicle purchases is leveling off, but high interest rates continue to keep monthly payments elevated. The average amount financed for new-vehicle purchases totaled $40,851 in the first quarter, up 3.1% year over year, according to Experian’s Q1 2023 “State of the Automotive Finance Market Report.” That number represents a […]
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David Thompson
David Thompson
David Thompson
