Experian finds hybrid financing jumps as EV demand cools
On the Dash:
Hybrids hit 16.80% of new vehicle financing in Q2, up from 12.99% last year
Hybrid loans carry the lowest average monthly payment at $646, beating EVs and...
TSLA365.4401.88%
GM85.620-0.5%
F13.9700.09%
RIVN16.030-0.02%
CYD35.820-0.08%
HMC32.5200.905%
TM198.2005.72%
CVNA69.160-1.12%
PAG215.910-0.7%
LAD358.020-8.13%
AN203.670-3.55%
GPI278.270-3.57%
ABG208.500-0.31%
SAH75.900-0.62%
TSLA365.4401.88%
GM85.620-0.5%
F13.9700.09%
RIVN16.030-0.02%
CYD35.820-0.08%
HMC32.5200.905%
TM198.2005.72%
CVNA69.160-1.12%
PAG215.910-0.7%
LAD358.020-8.13%
AN203.670-3.55%
GPI278.270-3.57%
ABG208.500-0.31%
SAH75.900-0.62%
TSLA365.4401.88%
GM85.620-0.5%
F13.9700.09%
RIVN16.030-0.02%
CYD35.820-0.08%
HMC32.5200.905%
TM198.2005.72%
CVNA69.160-1.12%
PAG215.910-0.7%
LAD358.020-8.13%
AN203.670-3.55%
GPI278.270-3.57%
ABG208.500-0.31%
SAH75.900-0.62%
Experian
Fighting payment anxiety in the F&I office with empathy and value
Payment anxiety is climbing, and the squeeze isn't just at the dealership. Rising rates, pricier vehicles and mounting negative equity are pushing monthly payments higher, and customers are watching every...
EV financing climbs in Q3 despite expiring tax credit
On the Dash:
EV financing jumped to 11.4% in Q3 and remained above 13% in early October due to incentive timing and contract backlogs.
Dealers report relief at reducing EV...
Affordability and leasing trends dominate Q2 2024 – Melinda Zabritski | Experian
As the automotive market undergoes significant transformations, affordability remains a critical issue for consumers. However, emerging trends in leasing and cash transactions offer a positive outlook. In the latest episode...
Melinda Zabritski reveals that the automotive finance market shows strength amid economic challenges
According to Experian, captives accounted for the largest new vehicle market share in the first quarter. Melinda Zabritski, Experian's head of automotive financial insights, will join us on the latest...
Automotive weekly roundup: Ford pledges $2 million for technician scholarships, GM Launches ‘SDVerse,’ BMW Offers EV Discounts
Earlier this week: Ford addressed the ongoing technician shortage by partnering with dealers to provide $2 million in scholarships through the Ford Auto Tech Scholarship program. Meanwhile, General Motors launched...
Why some car buyers are choosing shorter auto loan terms — Melinda Zabritski | Experian
Experian's State of the Automotive Finance Market Q1 2023 has found that some new vehicle shoppers opted for shorter auto loan terms in the first quarter. On this episode of...
Experian data indicates strong EV performance in early 2023
Credit reporting agency Experian recently published consumer data in the electric vehicle market, revealing hidden strengths in the small but thriving segment.
According to Experian's January report, Tesla gained a strong...
Why VDPs with free vehicle history reports have higher conversion rates — Kirsten Von Busch | Experian
On the second day of the annual NADA Show, anchor Jim Fitzpatrick stopped by the Experian booth to talk with Product Marketing Director Kirsten Von Busch about the impacts of...
Remaining top of mind amid inventory shortages
The past two years have been nothing short of interesting for automotive dealers—navigating factory shutdowns, showroom closures, re-openings, the uptick in digital retailing and online sales, not to mention, the...
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