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Experian Automotive's Latest Analysis Shows Auto Loan Market Continuing to Stabilize

Experian Automotive's Latest Analysis Shows Auto Loan Market Continuing to Stabilize

Experian Automotive released its quarterly analysis of the automotive credit market today, and found that the auto loan market is continuing its stabilizing trend. Overall, delinquencies are still low, credit is loosening slightly and car loan interest rates for consumers with good credit are still low. The delinquency rate of car loans 30 days or more past due increased to 3.34% in the fourth qu[...] .. Read More.
Toyota's New Incentives Pique Shoppers' Interest

Toyota's New Incentives Pique Shoppers' Interest

Toyota's March Sales Event, where buyers can get 0% car loans, low lease payments and complimentary maintenance, might be working. The national marketing campaign was launched to help boost sales after Toyota's February sales fell 10.6%, while its Lexus division was up 5.2%. Toyota is currently battling to defend its vehicles' quality and safety, after more than eight million vehicles were recall[...] .. Read More.

Ford Up 43% in February, GM Up 12%

Attractive 0% auto loan incentives and affordable monthly lease payments were abundant in February. Industry experts knew that sales would be up slightly over last year, but they also realized the intense snow storms and Toyota's recall problems would hurt sales a bit. February 2009, a month most would like to forget, was the worst sales month for the automotive industry in 19 years. Ford offered[...] .. Read More.

Auto Loan Delinquencies Drop in Fourth Quarter Compared to Last Year

The national 60-day auto loan delinquency rate did not change between the third and fourth quarters of 2009. The rate of borrowers 60 days or more past due on their car loans was 0.81 percent in the fourth quarter, and continues to be less than one percent overall. But compared to the fourth quarter of 2008, the national rate dropped by 5.81 percent, according to TransUnion's quarterly analysis of[...] .. Read More.

          

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Experian Automotive's Latest Analysis Shows Auto Loan Market Continuing to StabilizeExperian Automotive's Latest Analysis Shows Auto Loan Market Continuing to Stabilize
Experian Automotive released its quarterly analysis of the automotive credit market today, and found that the auto loan market is continuing its stabi ... Read More

Toyota's New Incentives Pique Shoppers' InterestToyota's New Incentives Pique Shoppers' Interest
Toyota's March Sales Event, where buyers can get 0% car loans, low lease payments and complimentary maintenance, might be working. The national market ... Read More

Ford Up 43% in February, GM Up 12%
Attractive 0% auto loan incentives and affordable monthly lease payments were abundant in February. Industry experts knew that sales would be up sligh ... Read More