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Used car finance deals have become a hot metric for
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Used car finance deals have become a hot metric for forecasting bank-linked automotive portfolios. As delinquency metrics tick upward, equity prices in the segment show slight bearish trends. Forward-looking P/E ratios are adjusting to reflect higher perceived credit risks. The dealership, Ziegler Honda of Racine, issued a statement that Rua's actions “do not represent the values we stand for as a dealership and a community of professionals.” An auto loan from USAA can be used to purchase a new or used vehicle, refinance an existing loan or pay for a vehicle equipped for someone with a disability. Most customers will receive an approval decision within just five minutes of applying online. The latest brokerage research suggests used car finance deals might stabilize if wholesale car prices ease. Publicly listed auto finance companies could benefit via higher loan volumes, lifting share prices modestly. Chart watchers are eyeing breakout potential in sector indices.