State of the Auto Finance Market - Experian
State of the Automotive Finance Market
Presented by: Melinda Zabritski Q3 2019
1 ? Experian
Session overview
Market Overview
? Outstanding balances ? Total risk distributions ? Delinquency
Originations
? New and Used financing ? Lender and transaction types ? Loan & lease characteristics
2 ? Experian
Experian Public State of the Automotive Finance Market Q3 2019
Overall Automotive Finance Market
A review of all open automotive loans & leases
3 ? Experian
Experian Public State of the Automotive Finance Market Q3 2019
Loan balances reach another record high
Billions Billions
Total open automotive loan balance
$1,240 $1,220
$1,220
$1,200
4.0%
$1,180
$1,174
$1,160
$1,140 $1,120 $1,100
$1,121 6.3%
4.7%
$1,080
$1,060
2017 Q3
2018 Q3
2019 Q3
4 ? Experian
Experian Public State of the Automotive Finance Market Q3 2019
Total open automotive loan balance
$1,400
$1,200 $1,000
$800 $600 $400
$190.3 $305.1 $255.6
$200.0 $342.0 $262.6
$218.7 $358.6 $264.2
$200
$370.2
$0
2017 Q3
Banks Captive
$368.8
2018 Q3 Credit Union
$378.9
2019 Q3 Finance
Source: Experian-Oliver Wyman Market Intelligence Reports
Loan balance distribution stable: percentage of all subprime balances remains under 19%
Loan balance risk distribution
Year-over-year balance change
19.63%
20.03%
20.11%
41.71%
42.17%
42.27%
18.72%
18.50%
18.29%
16.06% 3.87% 2017 Q3
Deep Subprime
15.70% 3.60% 2018 Q3
Subprime Nonprime
15.60% 3.73% 2019 Q3
Prime Super Prime
5 ? Experian
Experian Public State of the Automotive Finance Market Q3 2019
7.79%
3.30%
2.82%
4.26%
4.41%
Deep
Subprime Nonprime
subprime
Prime Super prime
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related searches
- bank of america auto finance address
- state of the us economy
- current state of the us economy
- current state of the economy
- state of the church sermon
- michigan state of the state
- michigan governor state of the state speech
- michigan state of the state address 2021
- present state of the economy
- michigan state of the state whitmer
- governor gretchen whitmer state of the state
- governor whitmer s state of the state recorded