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Used car finance rate corporate earnings in auto finance are
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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. [4]. FTC . "FTC Announces CARS Rule to Fight Scams in Vehicle Shopping" Perhaps you already have a car and a loan and want to save money on the loan. If your credit situation has improved or interest rates have dropped, you might qualify for a lower interest rate, allowing you to refinance your car loan . With the "used car finance rate" averaging 8.1%, earnings estimates for auto lenders remain steady. Sector ETFs tracking consumer finance have shown resilience, indicating institutional confidence despite slower retail transaction volumes.