Pandemic Car Buys, Rising Interest Rates, and High Gas Prices: A World of Hurt for Lenders
Perficient Digital Transformation
MAY 17, 2022
sales chief said in 2015 that 84-month loan terms were “stupid,” is jumping on the 84-month loan bandwagon. It seems like everyone in 2021 took out a loan on a new car, even though we all knew supplies were low and demand was high. Auto-loan originations in the U.S. By September, SAAR had returned above 16 million. Sales increased 3.1%
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