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Home » Auto refinance volume up 69.1% YoY in Q2

Auto refinance volume up 69.1% YoY in Q2

Average months to refinance: 25.7

Aidan BushbyAidan Bush
September 8, 2025
in Risk Management
Reading Time: 3 mins read
1
Fed’s Akana to discuss capital markets at Auto Finance Summit 2024

Sustained affordability concerns and stabilized interest rates led to a surge in auto refinance volume in the second quarter. Refinance volume rose 69.1% year over year in Q2 to 115,000, according to Experian’s Q2 State of the Automotive Finance Market Report published Aug. 28. Refi volume also climbed 29% from Q2 2020. Centennial, Colo.-based auto […]

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Tags: auto refinanceBank of AmericaCorning Credit UnionExperianiLendingPenFed Credit UnionPremium
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