Experian's Melinda Zabritski says record-high auto loan amounts and monthly payments have more customers choosing to buy used vehicles or lease their cars. As the Federal Reserve interest rate continues to rise, so will monthly payments, she added.
source http://www.autonews.com/article/20180404/FINANCE_AND_INSURANCE/180409884/experian-exec-talks-record-high-payments-vehicle-affordability-and
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