Bank auto finance share jumps to 28.9%Â
Amid a pullback in captive-led incentives and newly established relationships with manufacturers, banks saw the largest market share growth for ...
Tag: Experian
Longer term auto loans gain traction againÂ
The percentage of outstanding auto loans with initial terms of longer than 96 months is on the rise again as ...
EV share of new-vehicle financing jumps 122 bps
EVs made up a larger portion of new cars financed in the third quarter as consumers rushed to take advantage ...
Credit unions gain share in auto financeÂ
Credit unions gained auto finance market share in the second quarter in tandem with growth in their auto portfolios during ...
Auto refinance volume up 69.1% YoY in Q2
Sustained affordability concerns and stabilized interest rates led to a surge in auto refinance volume in the second quarter. Refinance ...
Subprime lender sentiment mixed amid market share dip
Outlooks were mixed among subprime lenders in the second quarter, with some concerned about consumer affordability, while others were optimistic ...
New-vehicle leasing drops 250 bps in Q2
Leasing slowed in the second quarter as consumers prioritized cash purchases and looked to refinancing to manage affordability, but credit ...
‘Bust out’ auto fraud schemes lead to millions in losses
In an elaborate auto scheme, scammers are taking advantage of credit bureau delays to fraudulently finance hundreds of cars and ...
