Experian Automotive released its State of the Automotive Finance Market report Tuesday, which shows that more subprime car buyers were able to secure auto loans for new and used vehicles in the fourth quarter.
“Overall, Q4 2012 was a very favorable time for consumers to buy a new or used vehicle in terms of overall monthly payments,” Melinda Zabritski, director of automotive credit for Experian Automotive, says in a statement. “Lower interest rates and longer loan terms made it easier ...
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More Subprime Car Buyers Approved for Auto Loans
Experian Automotive released its State of the Automotive Finance Market report Tuesday, which shows that more subprime car buyers were able to secure auto loans for new and used vehicles in the fourth quarter.
“Overall, Q4 2012 was a very favorable time for consumers to buy a new or used vehicle in terms of overall monthly payments,” Melinda Zabritski, director of automotive credit for Experian Automotive, says in a statement. “Lower interest rates and longer loan terms made it easier ...
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