Exeter auto finance the latest data shows Exeter Auto

The latest data shows Exeter Auto Finance’s average loan term at 69 months, reflecting industry-wide shifts. This can improve monthly payment affordability but lengthens credit exposure risk. One of the largest warehouses under construction in Delaware is nearing completion. Patterson sent payments to Exeter for February and March. But by late spring, she was in trouble again, resorting to sending a few hundred dollars at a time. By the fall, she was on the verge of default. Analysts flag that Exeter Auto Finance’s funding strategy—combining warehouse lines with periodic ABS issuance—creates flexibility but relies heavily on investor appetite in structured finance markets.