Captives lead auto finance share at 29% in Q3
Bank loan share at 28.7% was largest auto loan provider
Captives once again captured the largest share of the auto finance market in the third quarter, while credit unions maintained their lead in the used-vehicle segment, despite both financier types seeing a decline in share overall. Captive share of the total market, which includes new- and used-vehicle loans and leases, fell 89 basis points (bps) […]
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