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TAG SEARCH RESULT: average term

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July 6, 2017 - Industry News

Edmunds: Term Lengths Stretch to All-Time High in June

At a record 69.3 months, average new-vehicle finance terms have stretched 6.8% from five years ago. The average amount financed and average monthly payment also registered new highs.

Tags: average finance amount, average term, Average Transaction Price, Monthly Payments

June 7, 2017 - Industry News

Subprime Auto Originations Fall to 10-Year Low

Reflecting the shift toward more creditworthy borrowers was the rise in average credit scores for both new- and used-vehicle loans. But the retreat from the high-risk tiers also comes during a quarter in which the average new-vehicle finance amount and monthly payment reached record highs.

Tags: 30-day delinquency rate, auto finance, average term, deep subprime, Monthly Payments, subprime, transaction prices

May 24, 2011 - Industry News

Edmunds.com Unveils Four-Square Calculator for Car Buyers

Edmunds.com has released an online tool to help consumers determine the expected price – and boost their bargaining position – on a new-car purchase.

Tags: average term, down payment, Edmunds.com, interest rates, trade-in value

September 14, 2009 - Industry News

Average Interest Rate Drops in July, Says Federal Reserve

The average interest rate for new-car loans decreased in July, while the amount financed increased, according to the latest Federal Reserve Statistical Report.

Tags: Auto Loans, average term, Federal Reserve, interest rates

July 9, 2009 - Industry News

Average Interest Rate Rises to 3.47 Percent in May, Says Federal Reserve

The average interest rate for new-car loans rose slightly in May, while the amount financed increased, according to the latest Federal Reserve Statistical Report.

Tags: average term, Federal Reserve, interest rates, loan-to-value ratio

June 9, 2009 - Industry News

Average Interest Rises to 2.79 Percent, Says Federal Reserve

The average interest rate for new-car loans rose slightly in April, while the amount financed increased, according to the latest Federal Reserve Statistical Report.

Tags: average term, Federal Reserve, Finance, interest rates, loan-to-value ratio

May 11, 2009 - Industry News

Average Interest Rate Falls to 2.74 Percent, Says Federal Reserve

The average interest rate for new-car loans continued to drop in March, while the amount financed increased, according to the latest Federal Reserve Statistical Report.

Tags: average term, Federal Reserve, Finance, interest rates, loan-to-value ratio

April 9, 2009 - Industry News

Average Interest Rate Falls to 3.17 Percent, Reports Federal Reserve

The average interest rate for new-car loans dropped sharply in February, while the amount financed increased, according to the latest Federal Reserve Statistical Report.

Tags: average term, Federal Reserve, Finance, interest rates, loan-to-value ratio

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