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First-time buyer, thin file consumer origination shares shrink in Q1 

Share fell to 17.4% for first-time car buyers 

Amanda Harris

First-time buyers and borrowers with thin credit files made up a smaller portion of overall auto originations in the first quarter compared with a year ago.  The industrywide share of auto originations to first-time buyers — defined as consumers with no auto trades prior to seeking or securing financing — fell to 17.4% in Q1 […]

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