Industrywide originations rise 1% YoY
Average monthly payments on new vehicles rose to $745
Auto originations saw a modest increase industrywide in the second quarter despite ongoing affordability challenges. Auto originations totaled 6.4 million contracts in Q2, up 0.7% year over year but down 13% compared with Q2 2019, prior to the pandemic, according to TransUnion’s Q3 2024 Credit Industry Insights Report published today. Auto originations operate on a […]
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