Used car 0 percent financing
[PDF File]USED CAR REPORT -media.com
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USED CAR REPORT 1 A total of 10.6 million used vehicles were sold in Q1 2018, a 1.5 percent increase from Q1 2017. Franchise dealer sales showed a similar increase, with help from trade-in volume that rose by 3 percent com-pared to Q1 2017. Sales of certified pre-owned ve-hicles experienced a larger bump of 4.2 percent compared to the prior year.
[PDF File]used vehicle market report
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38.5M vehicles sold in the 2016 second-hand market, a slight 0.6% increase compared to 2015. Franchise used sales gained 1.5% over 2015 despite fewer trade-ins on new vehicle sales. CPO volume set record Certified Pre-Owned sales forged ahead with a 3.5% lift over 2015 and accounted for 22.8% of all franchise used car sales.
[PDF File]STATE-OF-THE-INDUSTRY REPORT
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of sales was 2.3 percent, up from 2.1 percent in 2010. Dollar profits gained 24 percent. New-vehicle department operating profit increased at the typical dealership. Used vehicles contributed one-quarter of operating profit in 2011, down from one-third of operating profit in 2010, as higher used-car values relative to new-car costs reduced
[PDF File]Understanding automotive loan charge-off patterns can help ...
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a rate of 3.77 percent and used vehicle loans at a rate of 3.83 percent. This makes deep-subprime customers approximately 20 times more likely to default on a loan than customers in the super prime category, who default on 0.14 percent of new vehicle loans and 0.17 percent of used vehicle loans.
[PDF File]The Future of Automotive Sales
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prices (23 percent), not being able to buy online (15 percent), difficult financing options (14 percent), a slow and cumbersome delivery process (10 percent) and the configuration options available (9 percent) (see Figure 5). These numbers show that changers expect from the automotive industry what they are used to getting from other industries.
[PDF File]USED CAR REPORT -media.com
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used car market typically sees a 1 percent decrease in pricing from Q2 to Q3 due to seasonality, but this quarter saw a more modest drop of 0.3 percent. The average used-vehicle price reached $20,085 in Q3 2018, marking a 3.5 percent increase year over year. RECORD-HIGH USED PRICES in Q3 2018 $20K+
[PDF File]Late-breaking insight into new and used vehicle loan ...
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small portion of loans (0.4 percent of new and 0.8 percent of used), these short-term loans exhibited high charge-off rates, with 34.8 percent of all 12-month term new financing and 12.7 percent of all 12-month term used loans charged off. Despite a high charge-off rate, the majority of 12-month new vehicle financing
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