Finance companies find 2 ways to trim risk on June new-car paper
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Wednesday, Jul. 1, 2020, 04:10 PM
SubPrime Auto Finance News Staff
IRVINE and SANTA MONICA, Calif. -
While the cost of new vehicles continues to climb, the newest data from Edmunds indicated finance companies are finding ways to mitigate their risk when booking new-model paper. On Wednesday, Edmunds experts reported the average down payment for new vehicles financed in June rose to the highest amount seen all year, increasing to $4,451. Furthermore, […]