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Experian: The Percentage of EV Financing Doubled Year-Over-Year
New Data Shows Delinquencies Remain Low Amid Rising Average Vehicle Loan Amounts
The Automotive Finance Market Continued to Move Forward at a Healthy Pace in Q1 2021, with Total Open Loan Balances Reaching $1.288 trillion
Experian: Finance Amounts, Monthly Payments Reach New Highs in Q2
Experian: Americans Borrow Record Amounts for Auto Purchases in Q1

Subprime Originations Hit Record Low in Q3

Subprime financing fell to its lowest point since 2012, while prime grabbed the lion’s share of the auto finance space in the third quarter. Even the used-vehicle market has gone prime, with buyers outside of prime accounting for just a third of the market.

December 7, 2017

Pearl Technology Integrates Experian Propensity Scoring Platform

The new platform gives users of Pearl’s VehicleXchange incentive-based marketing solution the ability to know which consumers are new or pre-owned buyers, and can target by propensity, APR, payment amount, term and credit score, and more.

October 31, 2017

Dealers More Optimistic About Used-Car Market vs. New

Dealers More Optimistic About Used-Car Market vs. New

Sentiment speaks to recent auto finance data showing prime and superprime car buyers shifting toward used, where the average monthly payment was $139 less than the record $504 average monthly payment for new in the second quarter.

September 22, 2017

Experian Acquires String Automotive

Experian Acquires String Automotive

String’s marketing intelligence platform will be matched with Experian’s own data-driven insights. The combination will direct dealers on how to spend marketing dollars and where to target their conquesting efforts, officials said.

May 25, 2017

Experian Announces New Senior Vice President of Automotive Sales

The information services firm announced that John DeMarco has joined the company as senior vice president of automotive sales. He brings 27 years of leadership experience, having held a number of senior leadership roles at firms like CDK Global and Ford Motor Co.

January 30, 2017

AFSA Panel Bursts Subprime Bubble

Representatives from the three major credit bureaus opened the 21st annual Vehicle Finance Conference and Exposition by confirming that there is no forming subprime bubble. They explained why and how millennials are contributing to a healthy auto finance market.

January 24, 2017

96.7% of Jeeps Are U.S.-Built, Experian Reports

An Experian analysis found that out of all auto brands that sell in the United States, Jeep had the highest percentage of vehicles built domestically. According to the analysis, 96.7% of Jeeps on U.S. roads were assembled in the country.

June 28, 2016

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