Edmunds spots new record in used market, notable jump in average down payments
Thursday, Jul. 1, 2021, 02:17 PM
SubPrime Auto Finance News Staff
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SANTA MONICA, Calif. -
Finance companies appear to be mitigating some risk amid soaring vehicle prices, asking dealerships to collect more in down payments from consumers before the contract enters a portfolio. The second-quarter data compiled by Edmunds seems to reinforce that potential scenario, especially within the used market that established a new record in the firm’s database. Finance […]