Thursday, 31 May 2018

New-vehicle loan amounts, payments hit record high

The average loan amount and monthly payment for new vehicles reached record highs in the first quarter. The percentage of new-vehicle subprime loan originations dropped, while prime origination share reached a six-year high.

source http://www.autonews.com/article/20180531/FINANCE_AND_INSURANCE/180539961/new-vehicle-loan-amounts-payments-hit-record-high

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