New vehicles sales are projected to fall just below 17 million in 2018. Edmunds projected 16.8 million. Cox came in slightly lower at 16.7 million in New vehicle sales. Due to new tax plan, households are expected to have more take home pay which may equate to more trucks, luxury vehicles & SUVs. Hybrid &…
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Automotive loans hit a record high in the second quarter of $1.1 trillion while subprime hits near-record low. Deep subprime hit a record low of 3.45%. What do you think? Will these trends continue or will lenders loosen the reigns? Subprime Pullback Continues in Q2 by Melinda Zabritski We can help your dealership with our real-world…
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