Auto Loan Balances at All-Time High, Experian Automotive Reports
In the third quarter, outstanding balances on automotive loans reached $782.9 billion, up $103 billion from the third quarter 2012.
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In the third quarter, outstanding balances on automotive loans reached $782.9 billion, up $103 billion from the third quarter 2012.
The California market realized its 14th consecutive quarterly increase in new-car sales. The state dealer group predicts dealers will close out 2012 with nearly 1.6 million units sold.
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