Used car finance prices sector analysts suggest that the upward

Sector analysts suggest that the upward revision in used car finance prices may reflect stronger retail demand in certain regions. This could buoy earnings forecasts for auto finance firms with diversified portfolios. Traders are factoring in regional lending spreads into valuation models. “The G-Wagon’s high price tag, poor fuel economy and tricky ingress/egress make it a poor choice for practical-minded baby boomers,” Lin said. “Used-car prices today remain pretty elevated, so it’s a good idea to avoid high-cost financing and dealer extras,” says Chuck Bell, a financial policy advocate at CR. “You may save by arranging your own financing rather than going through the dealer. And consider buying from a private seller. It can be more of a hassle, but you may end up paying less.” Equity market participants may use this as a trigger for re-allocating towards automotive finance holdings.