Refinanced Auto Loans – 2006 to 2013

Refinanced Auto Loans

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