Page 3 - Auto Financing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The average car loan in the U.S. right now carries a 72-month term, which could be a good thing for buyers.

For the full year 2020-21, net profit dropped 16 per cent to Rs 4,420 crore as against Rs 5,264 crore in 2019-20. Total income during the year, however, rose 1 per cent to Rs 26,683 crore as against Rs 26,385 crore.

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Buried deep in Deloitte’s recent 2021 Global Automotive Consumer Study, lost amongst all the seemingly more pertinent factoids about low rates and the increasing prevalence of using a mobile app on a phone to complete financial negotiations, is the news that 35 per cent of Canadian do not research their auto financing at all. In fact, three times as many Canadians didn’t do any research into their financial options as those who spent three to five hours learning the difference between effective and advertised interest rates.  We are fond of the quote that cars are the second-biggest pur...

Auto loan refinancing startup MotoRefi said millions of consumers can now more easily access its site through partner platforms connected by a new API.