2019 US Consumer Survey of Vehicle Vehicle Finance Perceptions: 5 Takeaways
FICO
MARCH 13, 2019
Today’s digital-savvy consumers said they valued online financing for the following reasons: 1) convenience, 2) the ability to comparison shop across lenders, and 3) speed. Dealership financing held strong and was the most preferred channel across all regions and all age groups. Bank / financial institution lending held steady.
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