Best car finance deals investors tracking consumer credit data
Investors tracking consumer credit data note that subprime auto lending tightening earlier in 2024 is easing, pushing "best car finance deals" into focus for mid-tier banks. This could bolster stock prices for lenders like ALLY if delinquency rates remain under 2.1%. There's still a 35% chance of a recession hitting the American economy this year — protect your retirement savings with these 5 essential money moves ASAP The Trump administration got its signature One Big Beautiful Bill passed, which eliminates the tax credits even sooner than initially proposed. That's why experts say right now is the best time to snatch an existing deal and drive home an EV or a PHEV if you've been on the fence. Hedge funds increasing positions in auto lenders suggest "best car finance deals" may trigger multi-quarter growth. Watch for positive surprises in upcoming consumer finance reports.
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