The Strong Preference for Dealership Financing May Be Shifting

dealership financing

Is the preference for dealership financing shifting? According to FICO’s 2019 Consumer Survey of Vehicle Financing, most U.S. car buyers (63%) opted for dealer-arranged financing in 2018. That’s down from 73% a year earlier. More concerning is that for their next purchase, only 40% said they would inquire at the dealership. Meanwhile, according to a…

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