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Strategies & Market Trends : Currents of Currency

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From: Ahda	6/10/2014 8:41:05 PM
	of 594

Message 29575022 Thank you The average auto-loan term increased to 66 months during the first quarter, according to Experian Automotive, a global information services company. That is the highest level since Experian began publicly reporting the data in 2006. Making matters worse, nearly 25% of all new vehicle loans originated during the quarter had terms extending out 73 months to 84 months, representing a 27.6% surge from a year earlier. The average amount financed for a new vehicle loan also reached an all time high of $27,612. Vehicles financed somewhere between six and seven years long time frame , average american could be having troubles. Baby bull might just of met baby bear.

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