Your Place: Melinda Zabritski of Experian Automotive
Dennis and Melinda discuss Experian’s State of the Auto Finance Market report and how dealers can use data to their advantage.
Your Place: Using Data for More Effective Marketing
Dennis McGinn and Kelly Lawson discuss how dealers can leverage market data to help make better marketing decisions.
Consumers Shifting Back to Used Vehicles as Inventory Shortages Continue
As used originations increase, credit unions reach nearly 26% total vehicle financing market share, the highest volume in five years.
Experian Go program will allow millions of credit invisibles to start building credit in minutes
Industry first program can help consumers get their first FICO Score without going into debt
Experian Releases Market Trends Review: Q3 2021
Q3 2021 report finds delinquencies remain lower than pre-pandemic levels.
Using Data to Inform Strategy for the Recovery and Beyond
Dealers need to address and prepare for larger economic issues before they occur.
30-, 60-Day Delinquency Rates Improve in Q3 2020, Says Experian
Despite smaller percentage of financed vehicles, outstanding loan balances grew 2.8% year-over-year to more than $1.2 trillion.
Despite Initial Impact of COVID-19, Automotive Industry Shows Positive Signs in Q2 2020
The average loan amount for a new vehicle jumps $4,000; however, the average monthly payment remains steady.
C.A.R.Score Added to Experian’s Vehicle History Reports
Dealer Specialties vehicle inspectors perform a full, cosmetic vehicle evaluation, which includes photographs of any visual damage. The car’s rating gives consumers a clear understanding of the vehicle’s current condition.
Navigating the Pandemic and Beyond; Data is Key
With less than 20% of respondents re-enter in the car buying market, it may not be cost-effective to resume marketing strategies that were in place prior to the pandemic.
Experian Reports Delinquency Rates Decrease in Q1 2020; Affordability Remains Top of Mind
Used vehicles continued to be a popular choice for prime consumers, comprising 50.47 percent of used vehicle loans in Q1 2020.
Experian Forms Exclusive Alliance with CarZing
Dealerships with AutoCheck subscriptions can now list their inventory on CarZing.com and AutoCheck.com for no additional fees.