Vehicle Sales
AFN Composite Index
+4.30%
Inventory Index
SOFR
APR 48 Mos.
Delinquencies climbed in the second quarter across prime and super prime auto loans as affordability pressures continue to prompt a shift toward longer-term loans. The industrywide 30-plus-day delinquency rate for auto loans on a dollar basis in Q2 was 2.34%, up 7 basis points (bps) year over year, according to Experian. The rate of 60-plus-day delinquencies rose 2 bps YoY to 0.85%. […]
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David Thompson
David Thompson
David Thompson
