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Categories: Auto Finance, Dealer Ops, Industry
Q3 Auto Finance: Used Accounts for 55% of Loans

Experian analysts say buyers of pre-owned vehicles accounted for 55.15% of all U.S. auto loan originations in the third quarter, a 2.4% year-over-year...

https://www.autodealertodaymagazine.com/359698/q3-auto-finance-used-accounts-for-55-of-loans
Categories: Auto Finance, Dealer Ops, Industry, Showroom
Discounts, Incentives Stabilize New Vehicle Prices in November

Kelley Blue Book reports the average cost to buy a new vehicle was $38,393 last month, a 1% year-over-year increase restrained by frantic efforts to move...

https://www.autodealertodaymagazine.com/359662/discounts-incentives-stabilize-new-vehicle-prices-in-november
Categories: Auto Finance, Dealer Ops, Industry
Auto Loan and Lease Activity Slows as Balances Grow

Equifax analysts say U.S. auto loan and lease originations declined 0.6% and 3.9% year-over-year in the first half of 2019, but balances for new vehicle...

https://www.autodealertodaymagazine.com/359528/auto-loan-and-lease-activity-slows-as-balances-grow
Categories: Auto Finance, Dealer Ops, Industry
Average New Vehicle Prices Up Nearly 3% in October

Kelley Blue Book analysts say the average new vehicle transaction climbed to $38,259 in October, a slight decline from the prior month but 2.9% higher than...

https://www.autodealertodaymagazine.com/359332/average-new-vehicle-prices-up-nearly-3-in-october
Categories: Auto Finance, Dealer Ops, Showroom
Report: Used-Vehicle Prices Up 2% From 2018

J.D. Power’s latest index finds average prices for used vehicles were up 2% year-over-year in August. Analysts say the segment will continue to drive...

https://www.autodealertodaymagazine.com/358646/report-used-vehicle-prices-up-2-from-2018
Categories: Auto Finance, Dealer Ops, Industry, Showroom
Escalating Finance Costs Drive 24% Spike in TCO

AAA analysts say bigger price tags and higher interest rates have conspired to raise American new-car buyers’ average annual total cost of ownership to...

https://www.autodealertodaymagazine.com/358227/escalating-finance-costs-drive-24-spike-in-tco
Categories: Auto Finance, Dealer Ops, Industry, Showroom
Prime Buyers Flock to Used Vehicles in Q2 Report

Experian’s Q2 auto finance report consumers continue to uncover ways to manage monthly payments. For a record percentage of prime borrowers, that meant...

https://www.autodealertodaymagazine.com/358117/prime-buyers-flock-to-used-vehicles-in-q2-report
Categories: Auto Finance, Dealer Ops, F&I
Report: Longer Commute, Bigger Auto Loan

LendingTree analysts have discovered a correlation between commute times and auto loan balances, finding that car buyers borrow $269 for every additional...

https://www.autodealertodaymagazine.com/357733/report-longer-commute-bigger-auto-loan
Categories: Auto Finance, Dealer Ops, Industry
New-Vehicle Interest Rates Fall to 5.8%

The average interest rate for a U.S. new-vehicle loan fell below 6% for the first time all year as automakers and dealers extended model-year selldown...

https://www.autodealertodaymagazine.com/357728/new-vehicle-interest-rates-fall-to-5-8
Categories: Auto Finance, Dealer Ops
KBB.com Lists Top 10 July 4 Offers

Kelley Blue Book analysts have released their annual list of the top 10 sales and lease deals for new vehicles available during the holiday week.

https://www.autodealertodaymagazine.com/357391/kbb-com-lists-top-10-july-4-offers


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