More than 1 in 5 car loans stretch 7 years or longer as shoppers are taking on larger loans than ever before with less money down.
Posts tagged as “interest rates”
Consumers’ wallets in today’s economy, however, see higher interest rates and increasing insurance costs, priming the DIY pump and more repair decisions.
Drivers spend a total of $811 billion a year on auto loans and insurance combined; report breaks down the most expensive states and cities to own a car in the U.S.
Attendees will learn how automotive aftermarket companies have adapted to higher interest rates and how economic conditions have changed over the last few years.
Retailers not hurt by recent economic headwinds such as higher interest rates, gas prices, inflation and declining GDP.
Outlook has improved from the fourth quarter of 2021 despite continuing concerns.
