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The Automotive Finance Market Continued to Move Forward at a Healthy Pace in Q1 2021, with Total Open Loan Balances Reaching $1.288 trillion
Despite the Initial Impact of COVID-19, the Automotive Industry Shows Positive Signs In Q2 2020 
Q3 Auto Finance: Used Accounts for 55% of Loans
Prime Buyers Flock to Used Vehicles in Q2 Report

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 passing on a $32,000-plus new-vehicle loan in favor of a pre-owned unit.

September 5, 2019

Experian: Facing Higher Loan Amounts, Prime Buyers Go Used
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