LAS VEGAS — Motorcycle originations were heavily concentrated in the subprime and near-prime credit tiers between the third quarter of 2016 to the first quarter this year, said Brian Landau, senior vice president of financial services and auto business leader at TransUnion.
The concentration of subprime and near-prime motorcycle originations were 18% and 26%, respectively, he told attendees at PowerSports Finance 2017 yesterday. That’s up compared to auto finance, where 15% of originations are subprime and 20% near-prime.
