Auto financing will increase this year, say lenders
More than half of auto lenders polled at the recent Auto Vehicle Finance Conference expect auto financing to increase this year, WardsAuto reported. Fourteen percent of those surveyed at the conference, organized by the American Financial Services Association, expect a decline in auto financing.
As for their customersê top priority, 36 percent said it was speed of the transaction, 26 percent said pricing and convenience, and much smaller numbers said financing, dealership inventory and staff product knowledge.
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