PDF State of the Automotive Finance Market - Experian

State of the Automotive Finance Market

A look at loans and leases in Q2 2016

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

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1

Session overview

Market Overview Outstanding balances Total risk distributions Delinquency

Originations New and Used financing Lender and transaction types Loan & lease characteristics

? 2016 Experian Information Solutions, Inc. All rights reserved. Experian Public.

2

Overall Automotive Finance Market

A look balances and delinquencies on all open automotive loans & leases

? 2016 Experian Information Solutions, Inc. All rights reserved. Experian Public.

33

Loan balances break record highs while Credit Unions experience largest YOY growth (loans regardless of origination period)

? 2016 Experian Information Solutions, Inc. All rights reserved. Experian Public.

Source: Experian-Oliver Wyman Market Intelligence Reports 4

Unit distribution remains stable with growth occurring across all risk segments (loans and leases regardless of origination period)

Risk distribution of open loans & leases

Year-over-year volume change

35.49%

35.89%

36.02%

11.86%

28.00%

27.62%

27.37%

8.03%

8.10%

7.05%

8.42%

17.81%

17.77%

17.78%

15.43%

15.44%

3.27% 2014 Q2

3.28% 2015 Q2

Deep Subprime Subprime Nonprime

15.44% 3.40% 2016 Q2

Prime Super Prime

? 2016 Experian Information Solutions, Inc. All rights reserved. Experian Public.

Deep

Subprime Nonprime

subprime

Prime Super prime

Source: Experian-Oliver Wyman Market Intelligence Reports 5

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