2007 NON-PRIME AUTO FINANCING
SURVEY PUBLISHED

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Hanover, MD (August, 2007) --- The National Automotive Finance (NAF) Association has published its 2007 Non-Prime Automotive Financing Survey. The survey, conducted by outside consultant, BenchMark Consulting International, analyzes 2006 year end data and compares it to previous years' surveys to discover trends in the non-prime auto financing market.

A record number 28 companies participated in the survey, and almost three quarters of them were independent finance companies and banks. Respondents were divided into large (40,000 and more accounts) and small/medium (fewer than 40,000 accounts) segments to make the data relevant for companies of all sizes.

The 2007 survey reports slight increases in portfolio dollars and number of accounts as well as increases in dollars and number of accounts in originations. It also shows that delinquencies - in both dollars and number of accounts - have increased since last year.

For the past several years, the survey has included questions about how companies use the Internet. This year's survey shows increasing use of the Internet for price comparisons and web processing, while use for all other categories has decreased.

The survey is distributed at no cost to the companies that participated and to those NAF Association members not eligible to participate in the survey. For others, the cost is $300. Go to www.nafassociation.com to order on-line.

The National Automotive Finance Association is the only trade association exclusively serving the non-prime auto financing industry.