1 of 10 consumers bring preapprovals to the dealership, survey finds | Auto Finance News | Auto Finance News

1 of 10 consumers bring preapprovals to the dealership, survey finds

While the majority of dealers surveyed by Auto Finance News said that at least 10% of their customers came to the dealership with preapproved auto loans, respondents said the rate at which those preapprovals were converted into funded loans fell on both ends of the spectrum. For nearly half of respondents, fewer than 10% of […]

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