Used car finance rate data from the past two weeks indicates

Data from the past two weeks indicates stability in the "used car finance rate" despite bond yields easing slightly. Analysts say this scenario favors publicly traded auto lenders, yet Moody’s warns of possible delinquencies rising if employment softens later this year. That’s because “electric cars suck at holding their value,” said Ramsey. Barry Bridges is the personal loans editor at Credible. Since 2017, he’s been writing and editing personal finance content, focusing on personal loans, credit cards, and insurance. Corporate earnings in auto finance are closely tied to the "used car finance rate". Market forecasts maintain this rate will remain above 8% through Q3, with positively correlated stock performance in lenders with disciplined risk management practices.