1 in 4 Vehicles Financed by Credit Unions in Q4
New Experian report shows average loan amount increases tapered off, while average terms decreased.
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New Experian report shows average loan amount increases tapered off, while average terms decreased.
Alternative fuel vehicles now represent nearly 16% of new vehicle financing; banks originated more than 55% of new alternative fuel vehicle loans.
Experian’s "State of the Automotive Finance Market: Q3 2021" report finds delinquencies remain lower than pre-pandemic levels.
Experian’s latest report also highlights geographic trends in automotive finance.
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