After comparing financing offers from 157 lenders, the latest Auto Financing Report from Wallet Hub reveals auto financing offers are likely to worsen over the next 12 months. Wallet Hub published its “2015 Auto Financing Report” after consulting auto industry and consumer spending experts, and notes 2015 will end with a record 17 million vehicles sold. Car loan rates drop According to the 2015 Auto Financing Report, thanks to an aging fleet of vehicles and drastically suppressed interest rates and improving economic conditions, 2014 witnessed 16.5 million cars being sold. The report points out that interest rates for both new…
Auto Financing Offers Likely To Worsen, As Subprime Auto Lending Soars
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports
