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Podcast: Used-car financing gains share as affordability pressures mount

Listen to ‘Weekly Wrap’ as AFN editors recap last week auto finance trends

Johnnie Martinez II

Used-car financing gained ground in the first quarter as affordability pressures continued to push consumers away from higher-priced new vehicles.    Used vehicles accounted for 58.6% of all auto financing in Q1, up from 58.2% a year earlier and marking the first Q1 increase since 2023, according to Experian.     The shift underscores a broader affordability challenge facing the […]

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