Finance used cars the finance used cars market is

The finance used cars market is expected to benefit from potential Fed rate pauses, which would stabilize borrowing costs and maintain consumer credit accessibility for used auto purchases. As for the Honda Prologue, according to CarEdge, it will depreciate 49% after three years, with a resale value of $29,701. (3) Number of vehicle renting and leasing companies in the UK 2024, by type and country The finance used cars sub-index hit 128.4 last Friday, its highest in 14 months, partially driven by positive loan origination data from major auto lenders, signaling firm retail financing activity.