State of the Automotive Finance Market
State of the Automotive Finance Market
A look at loans and leases in Q1 2017
Presented by: Melinda Zabritski | Sr. Director, Financial Solutions
w w w. e x p e r i a n . c o m / a u t o m o t i v e
? 2016 Experian Information Solutions, Inc. All rights reserved. Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein are the trademarks of their respective owners. No part of this copyrighted work may be reproduced, modified, or distributed in any form or manner without the prior written permission of Experian. Experian Public.
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
Overall Automotive Finance Market
A review of all open automotive loans & leases
3 ? Experian
Loan balances reach another record high yet experience slowing growth; Credit Unions see highest growth
Billions Billions
Total open automotive loan balance
$1,100
$1,082
$1,050 $1,000
$1,005
$950 $900
$905
$850
$800
Q1 2015
Q1 2016
Q1 2017
Total open automotive loan balance
$1,200
$1,000 $800 $600 $400
$143 $215 $230
$170 $249 $244
$180 $286 $252
$200
$318
$343
$363
$0
Q1 2015
Q1 2016
Q1 2017
All Banks Captive Auto Credit Union Finance
4 ? Experian
Experian Public State of the Automotive Finance Market
Source: Experian-Oliver Wyman Market Intelligence Reports
Majority of loan balances remain prime or higher with high risk segments remaining below 20%
Loan balance risk distribution
Year-over-year balance change
20.00%
19.66%
19.74%
17.52%
42.50%
42.09%
41.70%
18.97%
19.10%
18.86%
15.38% 3.16% Q1 2015
Deep Subprime
15.70% 3.45% Q1 2016
Subprime Nonprime
15.94% 3.76% Q1 2017
Prime Super Prime
5 ? Experian
Experian Public State of the Automotive Finance Market
9.53%
6.45%
6.83%
8.27%
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
- 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
- new york state of the states