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Used car finance rate market participants are treating the
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Market participants are treating the "used car finance rate" as a leading indicator for auto-lending equities in With rates as low as 5.03% APR , LendingTree’s nationwide lender network makes car financing easy. Here’s how it works: just answer a few simple questions about yourself, how much your down payment is, the vehicle price you're targeting — and LendingTree will connect you with two to five lenders from their network of more than 300 lenders. If you have the cash on hand — and have a vehicle to trade in to help lower the price — you can save a lot of money long term by paying out of pocket. 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.