Refinanced Auto Loans – 2006 to 2013

Retail Automotive Summary - January 24, 2013

Article Summary
  • Num­ber of auto finance con­tracts that will be refi­nanced in 2013 could top 14%, says CNW Research
  • Pool of exist­ing loans held by con­sumers who now would be con­sid­ered “mod­er­ate” risks is grow­ing dra­mat­i­cal­ly
  • Indus­try should see rate of refi­nance expand to near­ly 18% by 2015
Significance of the Data
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