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.
In the third quarter, outstanding balances on automotive loans reached $782.9 billion, up $103 billion from the third quarter 2012.
Edmunds.com anticipates mobile devices will become a bigger part of car-shopper behavior, and the company wants dealers to be ready.
Used-car sales are down for the first half of the year, but not within the franchise and CPO segments, Edmunds.com reveals.
The automotive retail market is expected to close out the first half on a positive note, and the two market research firms believe the momentum should carry through the summer.
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In