Meghan Carbary

2021 remained a tough year to get financing in if you were struggling with credit issues. According to the Experian State of the Automotive Finance Market Report for the fourth quarter of 2021, subprime loans continue to make up less of the overall market.

The lion's share of financing for used cars has continued to be banks and credit unions through the third quarter of 2021, according to Experian. In the latest State of the Automotive Finance Market report, Experian shows banks holding steady as the leaders in financing for used cars, with 35.35% of

According to the latest Experian reports, subprime and deep subprime loans are holding at a record low percentage of used car loans.

What could be better than getting fresh prospects in your door that are ready to buy? Getting the data that proves which product is working for you, of course!

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.

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.

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.