Archive for July, 2009

Used Car Market

Friday, July 31st, 2009

According to Experian the used car loan market is on the rise. It is up almost 5% from last year to 68% of the car loan market. The downside is that those used cars are selling for more, because of demand, at the auctions. So in turn the dealers sell them for more causing higher LTVs. Is anyone out there running any used car loan specials or incentives?