Annual Non-Prime Automotive Financing Survey Report
Providing the industry’s only measurements of growth and change
About the Annual Survey
The objective of the annual survey is to delve into the nuances of non-prime auto financing and recognize its significance in the financial landscape. The information collected through this collaborative effort is paramount for several reasons.
The data provides a nuanced understanding of the non-prime auto financing sector, offering invaluable insights into market dynamics, trends, and potential areas for growth and innovation.
This annual report is a testament to the collaborative spirit of the industry and serves as a resource for participants within the non-prime auto finance ecosystem. It empowers key stakeholders with strategic knowledge to navigate the complexities of non-prime auto financing, enhancing their decision-making capabilities.
2024 Survey
The National Automotive Finance (NAF) Association and the American Financial Services Association (AFSA) have again partnered to produce the Annual Non-Prime Automotive Financing Survey.
This resource is made possible by the support and participation of lending sources across the industry. Your valuable input helps deliver performance metrics for the non-prime auto finance marketplace and is available to all contributors at no cost.
The data presented in this report, collected from twenty-four diverse auto finance companies, offers a comprehensive view of the industry’s current landscape. Our goal is to deliver a resource that not only reflects the state of the non-prime auto finance industry but also aids in its continuous improvement. The detailed analysis and benchmarking provided by this survey enable stakeholders to track performance, identify opportunities, and anticipate future developments.
Both associations wish to sincerely thank the financing sources who contributed data, i2A Analytics for administering the survey and Black Book, Equifax, FICO and Wolters Kluwer for contributing industry data. View the table of contents here.
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