Subprime Automotive Information Center

With the ongoing shortage of chips impacting the supply of new vehicles, many dealerships risk disappointing their consumers if they aren't keeping up with demand. If you're relying on your current stock to make up your sales, we have some tips for bringing in the right prospects for your remaining stock.

2020 was a highly profitable year for many automakers and dealerships, despite early drops in sales due to physical closures from the pandemic. According to Experian's latest State of the Automotive Finance Market report, sales weren't spread evenly across the market, though, and subprime and deep subprime sales continued their downward trend throughout the fourth quarter.

Consumers appear to be happier with the car buying process since it seems to be moving along faster! Here's some of the latest info regarding car-buyer behavior.

The New Year is often regarded as a time for change, renewal, or hope for better things to come. While we've all had a year for the history books, here at Auto Credit Express, we're still working hard to bring your dealership new products and services that can reel in prospects.

The COVID-19 pandemic has changed much of our daily lives, but we would have never guessed that consumer credit scores are on the rise. Although the third quarter saw a drop in subprime auto loans, the average credit rating climbed.

Auto Credit Express is here to give car dealerships the leg up they need. Our special finance auto sales leads, as well as our new and used car leads, are only the tip of the iceberg. Our other dealer services can also help take your store to the next level. Take a closer look!

It has been a spooky year to say the least, but if your car dealership wants to get some new prospects in the door, Auto Credit Express wants to help. It's time to find some new ways to bring both customers and vehicles into your store.

Thanks to lower average interest rates, incentives offered, and consumers staying motivated to buy, a rough start to the second quarter of 2020 didn't hold the auto industry down for long. We want to help your dealership bounce back even stronger.

The coronavirus put the auto industry in a bad place, but the time for recovery is now. If you have inventory that seems frozen in place, it's time to consider subprime leads to move units.

There's a greater need for dealerships to assist people who've fallen into bad credit circumstances due to the coronavirus pandemic. Is your store prepared to work with the influx of subprime buyers?