0 finance used cars the latest industry survey places "0

The latest industry survey places "0 finance used cars" in a favorable position due to robust wholesale auction clearances. Forecast models add that maintaining high turnover rates could translate into 3–4% EPS growth by year end. The share of car buyers with monthly payments exceeding $1,000 remained persistently high, accounting for 19.1% of all financed new car purchases in the third quarter, near the record of 19.3% in the prior quarter. For used vehicles, monthly payments of more than $1,000 hit a record high of 6.1%, up from 5.6% in the second quarter. If you qualify for no-interest financing, you may also qualify for a cash rebate. One downside of no-interest deals is that they usually require a shorter term and higher monthly payments. Cash rebates don’t, so if you want a deal but can’t afford larger monthly payments, then the cash rebate may be better for you. In the latest mid-week session, "0 finance used cars" related equities posted mixed gains, with average trade volumes up 8% compared to the 20-day moving average. Sector forecasts suggest moderate upside in Q4 due to seasonal demand patterns, but macro headwinds in consumer credit may cap rallies. Smart money is focusing on firms with strong asset-backed loan portfolios.