High-income auto consumers at risk for default (Under the Hood)
A $2,400-a-month payment was enough to derail rapper MC Hammer’s auto loan, prompting JPMorgan Chase Bank to file suit for ...
Tag: ATP
Credit access up 2.9% as subprime share climbs
Credit availability improved year over year in January amid elevated average transaction prices. An increase in the share of subprime ...
ATP reaches 2024 high, up 1.5% year over year
Average transaction prices rose for the second month in a row in November, reaching their highest level of 2024. The ...
August credit availability tightens, ATPs improve
Credit availability declined in August, marking the fifth consecutive month of declines, while average transaction prices fell, signaling better affordability. ...
ATPs tick up sequentially in June amid price pressures
New-vehicle average transaction prices edged up slightly in June on a sequential basis but remained lower than a year ago ...
ATPs rise 2.2%, credit availability worsens
Affordability challenges worsened as new-vehicle average transaction prices rose to their highest level since December 2023 in April, driven by ...
ATPs fall to near 2-year low as incentives creep up
New-vehicle average transaction prices fell to their lowest level in nearly two years in March, driven by a recovery in ...
