Looking for ‘telling points’ of potential changes as total outstanding balances approach $1.3 trillion

Experian senior director of automotive financial solutions Melinda Zabritski. Images courtesy of the company.

Thursday, May. 27, 2021, 03:09 PM

Nick Zulovich, Senior Editor

Premium Content

SCHAUMBURG, Ill. -

Escalating vehicle prices are impacting auto-finance data, too, as Experian’s Q1 2021 State of the Automotive Finance Market report showed outstanding balances jumped 10.3% year-over-year from $1.168 trillion to $1.288 trillion. So, SubPrime Auto Finance News posed this one to Experian: In light of rising prices for both new and used vehicles, how close is […]

Looking for ‘telling points’ of potential changes as total outstanding balances approach $1.3 trillion

TO READ THE FULL STORY