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E-contracting volumes grow 7% amid consumer push

‘New normal’ in industry making car buying easier

Riley Wolfbauer

The volume of digitally originated auto loans increased during the second quarter despite slowing origination volume as consumers expect online channels to speed up the car buying process.  The number of auto loans originated through e-contracting increased 7% quarter over quarter and 2% year over year to about 2.1 million contracts, according to software provider […]

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