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Vehicle Loan Pricing Index and Forecast

The Producer Price Index for Vehicle Loan calculates the vehicle loan prices charged by banks over time and allows for a comparison of costs over time. The price includes interest, income and fees charged on vehicle loans minus the reference rate, or the interest rate on risk-free assets held by the banks. The U. S. Bureau of Labor Statistics launched this index in January 2009. We’ve created a forecast for the index to provide a sense for loan pricing direction over the next 12 months. Use our forecast to gauge which way loan prices will trend in aggregate for each month.

Vehicle Loan Pricing Index and Forecast

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Vehicle Loan Pricing Index and Forecast

Vehicle Loan Pricing Index and Forecast

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