Melinda Zabritski, Director of Automotive Credit
|
|
- Rafe Baldwin
- 5 years ago
- Views:
Transcription
1 State of the Automotive Finance Market First Quarter 2012 Melinda Zabritski, Director of Automotive Credit Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein may be the trademarks of their respective owners. No part of this copyrighted work may be reproduced, modified, or distributed in any form or manner without the prior written permission of Experian Information Solutions, Inc.
2 Today s presentation Questions- please enter questions in the Webinar tool and include slide number if possible Presentation- an will be sent out later today with a link to download the presentation Melinda Zabritski Director of Automotive Credit 2
3 Session overview Market overview Overall automotive finance market Credit distributions Loan Balances Consumer delinquency VantageScore Source: Experian-Oliver Wyman Market Intelligence Report Visit: marketintelligencereports.com First quarter originations Changes in new and used financing Originations by lender type and risk segmentation Loan and lease penetration Loan characteristics NADA values and LTV Scorex PLUS SM Source: Experian Automotive North American Vehicle Database sourced from DMV title registrations and NADA Used Car Guides Visit: autocount.com Category Super prime Score ranges Scorex PLUS SM Vantage Score Prime Nonprime Subprime Deep subprime <
4 Overall Automotive Finance Market Automotive market overview with a look at consumer delinquency 4
5 Automotive finance market How has the market been changing? Risk distribution of open loans 39.4% 39.7% 25.1% 25.4% 15.6% 15.7% 8.7% 8.5% 11.1% 10.7% -8% Deep subprime Subprime Nonprime Prime Super prime Source: Experian-Oliver Wyman Market Intelligence Reports 4% 2% -2% -4% -6% YOY change in risk distribution -0.94% 1.22% 0.95% 1.97% Deep Subprime Nonprime Prime Super subprime prime 5
6 Billions Billions Total automotive balance Who holds the open loans? Total outstanding loan balance $26.8B $700 $14 YOY change in balance $13 $600 $77 $81 $12 $500 $142 $144 $10 $400 $300 $200 $100 $193 $200 $225 $238 $8 $6 $4 $2 $7 $2 $4 $- Bank Captive Credit Union Finance YOY Change Source: Experian-Oliver Wyman Market Intelligence Reports $- Bank Captive Credit Union Finance 6
7 Recent automotive delinquency: 30 day delinquency How are delinquency rates changing? 6% 5% Overall 19 bps improvement 4.33% 4.83% 4.62% 4% % 7.58% 3% 2% 2.25% 2.03% 2.67% % 1.42% 1.24% 2.52% 2.33% 1% Bank Captive Credit Union Finance Total YOY Change Source: Experian-Oliver Wyman Market Intelligence Reports 7
8 Millions Millions Recent automotive delinquency: 30 day delinquency What s at risk? Balance of 30-day delinquent loans YOY change in 30-day balance $16,000 $14,000 $1.2B $- Bank Captive Credit Union Finance $12,000 $10,000 $8,000 $3,612 $1,773 $3,465 $1,463 $(100) $(200) $(204) $(146) $6,000 $4,000 $4,156 $3,951 $(300) $(400) $(311) $2,000 $- $3,960 $3,331 $(500) $(600) Bank Captive Credit Union Finance $(629) YOY Change Source: Experian-Oliver Wyman Market Intelligence Reports $(700) 8
9 Recent automotive delinquency: 60 day delinquency How are delinquency rates changing? 1.8% 1.6% 1.4% 1.2% Overall 8 bps improvement 7.94% 1.58% 1.46% % 12.17% 0.8% 0.6% 0.4% % 20.27% % 0.35% % 0.57% 0.2% 0. Bank Captive Credit Union Finance Total YOY Change Source: Experian-Oliver Wyman Market Intelligence Reports 9
10 Millions Millions Recent automotive delinquency: 60 day delinquency What s at risk? Balance of 60-day delinquent loans YOY change in 60-day balance $3,500 $3,000 $2,500 $2,000 $1,500 $1,000 $500 $- $1,047 $396 $734 $972 $314 $556 $934 $793 Bank Captive Credit Union Finance YOY Change Source: Experian-Oliver Wyman Market Intelligence Reports $476M $- $(20) $(40) $(60) $(80) $(100) $(120) $(140) $(160) $(180) $(200) Bank $(141) Captive $(178) Credit Union $(82) Finance $(75) 10
11 Recent automotive delinquency: quarterly repossession How are repo rates changing? % Overall 25 bps improvement 2.57% 54.5% % % % % 0.52% 0.41% 11.1% % 1.17% 37.1% 0.68% 0.43% 0. Bank Captive Credit Union Finance Total YOY Change Source: Experian-Oliver Wyman Market Intelligence Reports 11
12 Average charge-off amount How have charge-offs changed? $7,400 $7,200 $7,000 $6,800 $6,600 $6,729 $527 $206 $7,223 $7,232 $7,017 $649 $6,583 $184 $320 $7,082 $7,059 $6,898 $6,739 $6,400 $6,200 $6,202 $6,000 $5,800 $5,600 YOY Change Source: Experian-Oliver Wyman Market Intelligence Reports Bank Captive Credit Union Finance Total 12
13 New & Used Originations Automotive financing in the first quarter
14 Automotive market by transaction type How are consumers purchasing vehicles? No lender on title 51.2% 49.1% % New Used Overall financing 11.06% 10.56% 88.94% 89.44% Total Loan Total Lease Leasing by type 3.49% 3.78% 96.51% 96.22% New lease Used lease 3 25% 2 15% 1 5% New lease share of new financing 26.74% 24.05% % 19.56% Q Q Q Source: Experian Automotive 14
15 Top new lease providers Who s dominating in leasing? 18% 16% 16.5% 76.21% % 12% % 11.4% 11.4% 10.8% 46.19% % 52.41% 56.92% % 6% 4% 31.05% 31.23% 21.61% 7.5% 7.3% % % 11.54% 1 AMERICAN HONDA FINANCE TOYOTA FINANCIAL SERVICES FORD MOTOR CREDIT NISSAN INFINITI FINANCIAL SERVICES ALLY HYUNDAI CAPITAL AMERICA VW CREDIT INC MERCEDES BENZ FINANCIAL BMW BANK OF NORTH AMERICA CHASE AUTO FINANCE Share of new lease market % of new financing as lease Source: Experian Automotive 15
16 Market snapshot on vehicle loan financing What and where are consumers financing? Loans by vehicle type Used 64.88% New 35.12% Current + 5 model years 55.23% -17.2% 45.74% Used financing by dealer type Independent Franchise 3 2 YOY Change Source: Experian Automotive 49.1% 50.9% 1 16
17 Market snapshot on vehicle financing How has financing on vehicles changed? Q YOY Change Source: Experian Automotive Average loan scores by vehicle type Q New Q Used Q Q Risk distribution of auto loans 53.78% 57.63% 59.28% 58.11% 55.62% 46.22% 42.37% 40.72% 41.89% 44.38% Q Q Subprime Q Prime Q Q % 5.9% 17
18 Quarterly financing for new vehicles How has credit changed for new financing? Risk distribution of new loans YOY change in new financing 10 14% % 62.59% % 1 8% 10.2% 11.5% 11.5% YOY Change Source: Experian Automotive 13.66% 14.25% 11.26% 12.56% 7.53% Deep subprime Nonprime Super prime Subprime Prime 11.4% 6% 4% 2% -2% -4% -6% Deep subprime Subprime Nonprime 4.3% Prime Super prime -4.5% 18
19 Quarterly financing for used vehicles How has credit changed for used financing? Risk distribution of used loans YOY change in used financing 10 15% % 30.45% 12.47% 12.78% -4.85% 1 8.1% % 15.92% 17.41% 18.82% 22.81% 22.03% 4.04% 5% Deep subprime Subprime Nonprime 2.5% Prime Super prime YOY Change Source: Experian Automotive Deep subprime Subprime Nonprime Prime Super prime -5% % -7.6% 19
20 Automotive finance by lender type What lenders are gaining share? 45% 4 35% 3 25% 2 Automotive loan market share 40.21% 7.5% 10.5% 16.68% 16.89% 14.78% 15% 1 5% % 6.6% New loan market share -68.7% 0.13% 36.01% -8.7% 30.4% 11.54% Bank BHPH Captive Credit Union Market share -29.9% 4.47% Finance YOY change in share % 1 5% Bank 11.44% -12.7% -11.5% Market share BHPH Captive Credit Union -3.8% Finance -5% YOY change in share -1-15% % 8.5% Used loan market share 17.56% -12.8% 6.21% % Bank BHPH Captive Credit Union Market share 19.79% 20.37% 0.2% Finance YOY change in share 1 5% -5% -1-15% -2 Source: Experian Automotive 20
21 Risk distribution by lender type How have the lenders shifted? Risk distribution of market share 52.09% 6.14% 3.89% % 58.65% 47.76% 5.74% 3.39% 11.45% 35.28% 25% 2 YOY change in subprime financing 21.22% % % 14.96% 15.59% 14.84% 18.35% 12.77% 9.28% 11.29% % 4.3 Bank BHPH Captive Credit Union Deep subprime Subprime Nonprime Prime Super prime 44.13% Finance 15% 1 5% 3.52% 14.27% 6.76% Bank BHPH Captive Credit Union 2.09% Finance 21
22 Top 20 lenders by market share Who gained or lost share? 7% 6% 5% 4% 3% 2% 1% 6.39% 5.71% 4.85% 261% 48.43% of All Financing 101.5% 4.27% 4.09% % 2.92% 13.1% % 17.4% % 4.1% % 2.9% -6.4% 1.78% 1.67% 1.64% 1.43% 1.27% -18.4% 1.21% 1.09% 1.06% 0.96% 0.94% -26.5% -22.9% -8.6% 0.88% -8.2% 0.87% -6.5% -21.8% Q Share YOY change in share Source: Experian Automotive 22
23 Top 20 new lenders by market share Who gained or lost new loan share? 499% 12% 1 8% 6% 4% 2% 10.52% -39.7% 8.17% 8.09% 7.36% 7.06% -13.6% -0.6% 21.7% 75.25% of New Financing -18.8% 86.2% 4.44% 4.06% % 149.9% 141.1% 31.2% % 6.4% 2.35% 2.15% 2.13% % 1.56% 1.55% -17.5% 1.41% 1.38% 1.37% 1.31% -12.3% -3.4% -18.5% -32.1% Q Share YOY change in share Source: Experian Automotive 23
24 Top 20 used lenders by market share Who gained or lost used loan share? 7% 6% 5% 4% 3% 2% 1% 6.63% -8.1% 28.7% 4.16% 3.91% 5.5% 11.6% 8.3% % 25.4% % 19.1% 37.78% of Used Financing -0.2% -11.9% 2.33% 2.17% -4.2% -6.4% 1.67% 1.64% % -25.3% 1.36% 1.31% 1.29% -25.2% 1.15% 1.12% 0.89% 0.89% 0.86% 0.82% 0.74% 0.68% 0.65% -35.9% 6.7% Q Share YOY change in share Source: Experian Automotive 24
25 Vehicle financing How has financing changed? Average amount financed Average new amount financed $30,000 $25,000 $25,406 $589 $25,995 $411 $30,000 $25,000 $20,000 $15,000 $10,000 $5,000 $21,861 $23,118 $24,120 $25,143 $26,801 $27,399 $26,140 $26,845 $25,217 $25,721 $20,000 $15,000 $16,639 $17,050 $ Deep subprime Subprime Nonprime Prime Super prime $10,000 $5,000 $20,000 $15,000 $10,000 Average used amount financed $18,128 $18,878 $16,793 $15,331 $13,177 $17,529 $18,296 $16,136 $14,824 $12,829 $ YOY Change Source: Experian Automotive New Used $5,000 $ Deep subprime Subprime Nonprime Prime Super prime 25
26 Loan-to-Value by lender type How do the lenders compare? % % % % % Average LTV by lender Bank Captive Credit Union Average LTV new Source: Experian Automotive and NADA Used Car Guides % Finance Market Totals Average LTV used (100) (200) (300) YOY change in LTV (bps) Bank Captive (13) (36) (78) Credit Union (1) Finance (171) (239) Market Totals (16) 26
27 Loan-to-Value by risk segment How do the risk segments compare? % % % % % % % % % % Average LTV by risk segment Deep Subprime Nonprime Prime subprime Average LTV new Super prime Average LTV used (100) (200) (300) YOY change in LTV (bps) 344 Deep subprime (223) 249 Subprime (55) Nonprime Prime (90) Super prime (152) 27
28 Average loan payments How have payments changed? $500 $450 $400 $350 $300 $250 $200 $150 $100 $50 $ Average monthly payment $460 YOY Change Source: Experian Automotive New $1 $461 $343 Used $3 $346 $475 $470 $465 $460 $455 $450 $445 $440 $435 $360 $355 $350 $345 $340 $335 $330 $325 $320 $450 $467 Deep subprime $351 $350 Average new payment $471 $464 $462 $460 $458 $459 $461 $461 Subprime Nonprime Prime Super prime $356 $357 Deep subprime Average used payment $339 $333 $335 $336 $345 $345 Subprime Nonprime Prime Super prime 28
29 Average loan terms How have terms changed? Average loan term Average new term 72 1 mo mo Deep subprime Subprime Nonprime Prime Super prime Average used term New YOY Change Source: Experian Automotive Used Deep subprime Subprime Nonprime Prime Super prime 29
30 Distribution of loan term How have loan terms changed? New financing by term Used financing by term 45% 4 35% 3 25% 2 15% 1 5% 42.59% 15.4% 29.56% 2.6% 0.2% % % 4.77% 2 15% 1 5% -5% % 3 25% 2 15% 1 5% 21.9% 35.03% 29.89% 5.3% 14.77% -0.1% 8.21% 9.13% -8.8% -3.4% 25% 2 15% 1 5% -5% % % % of new financing by term % of new financing by term YOY change in term YOY change in term 30
31 Average loan rate How have rates changed? 1 9% 8% 7% 6% 5% 4% 3% 2% 1% 4.83% New YOY Change Source: Experian Automotive Average loan rate 27 bps 4.56% 9.08% Used 6 bps 9.02% 16% 14% 12% 1 8% 6% 4% 2% 2 15% 1 5% 13.57% 12.89% Deep subprime 17.85% 17.9 Deep subprime 10.38% Average new rate % 6.46% 4.52% 4.95% 3.64% 3.21% Subprime Nonprime Prime Super prime 14.64% Average used rate 14.42% 9.88% 9.53% 7.04% 6.44% 5.06% 4.4 Subprime Nonprime Prime Super prime 31
32 In summary Overall, open portfolios continue to be strong with increasing total balances (up nearly $27 billion) Historic lows for delinquencies Credit continues to loosen on originations Subprime share financing has increased (11% on New; 4% on Used) Average scores continue to decrease Finance amounts increased for both new and used Terms increasing among all risk segments Long term loans growing Rates decreasing for both new and used However, despite loosening credit and extended terms, LTVs are down from previous year 32
33 Reminder Don t forget to fill out survey! An with a link to the presentation will be sent to all attendees later today. Thank you for attending the presentation. 33
34 Experian Public. 34
State of the Automotive Finance Market Fourth Quarter 2013
State of the Automotive Finance Market Fourth Quarter 2013 Melinda Zabritski Sr. Director, Experian Automotive Experian and the marks used herein are service marks or registered trademarks of Experian
More informationMelinda Zabritski, Director of Automotive Credit
State of the Automotive Finance Market Third Quarter 2010 Melinda Zabritski, Director of Automotive Credit 2010 Experian Information Solutions, Inc. All rights reserved. Experian and the marks used herein
More informationState of the Automotive Finance Market Fourth Quarter 2015
State of the Automotive Finance Market Fourth Quarter 2015 Melinda Zabritski Sr. Director Financial Solutions 2016 2015 Experian Information Solutions, Inc. Inc. All rights All rights reserved. reserved.
More informationState of the Automotive Finance Market
State of the Automotive Finance Market A look at loans and leases in Q4 2016 Presented by: Melinda Zabritski Sr. Director, Financial Solutions www.experian.com/automotive 2016 Experian Information Solutions,
More informationState of the Automotive Finance Market
State of the Automotive Finance Market A look at loans and leases in Q3 2017 Presented by: Melinda Zabritski Sr. Director, Financial Solutions www.experian.com/automotive 2016 Experian Information Solutions,
More informationState of the Automotive Finance Market
State of the Automotive Finance Market A look at loans and leases in Q1 2018 Presented by: Melinda Zabritski Sr. Director, Financial Solutions www.experian.com/automotive 2018 Experian Information Solutions,
More informationState of the Automotive Finance Market A look at loans and leases in Q1 2016
State of the Automotive Finance Market A look at loans and leases in Q1 2016 Presented by: Melinda Zabritski Sr. Director, Financial Solutions www.experian.com/automotive 2016 Experian Information Solutions,
More informationState of the Automotive Finance Market Third Quarter 2015
State of the Automotive Finance Market Third Quarter 2015 Melinda Zabritski Sr. Director Financial Solutions 2015 2015 Experian Information Solutions, Inc. Inc. All rights All rights reserved. reserved.
More informationState of the Automotive Finance Market
State of the Automotive Finance Market Presented by: Melinda Zabritski Q3 2018 1 Experian Session overview Market Overview Outstanding balances Total risk distributions Delinquency Originations New and
More informationState of the Automotive Finance Market. Melinda Zabritski Sr. Director Experian Automotive
State of the Automotive Finance Market Melinda Zabritski Sr. Director Experian Automotive Discussion Points What s on the road? Return of the US automotive market Shifting consumer dynamic Overall consumer
More informationState of the Automotive Finance Market
State of the Automotive Finance Market Presented by: Melinda Zabritski Q4 2018 1 Experian Session overview Market Overview Outstanding balances Total risk distributions Delinquency Originations New and
More informationState of the Automotive Finance Market
State of the Automotive Finance Market A look at loans and leases in Q4 2017 Presented by: Melinda Zabritski Sr. Director, Financial Solutions www.experian.com/automotive 2018 Experian Information Solutions,
More informationUnique insights on the consumer credit market
Unique insights on the consumer credit market Highlights from the 2015 Experian Oliver Wyman Market Intelligence Report Experian and the marks used herein are service marks or registered trademarks of
More informationAutoCount Risk Sample Reports
AutoCount Risk Sample Reports A guide to understanding your market at the risk level Are you developing loan products that meet your market need? AutoCount provides lenders a deeper understanding or their
More informationLendIt Michele Raneri April 2016
LendIt 2016 Michele Raneri April 2016 Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein
More informationGET SOCIAL WITH US. #vision2016. Tweet, follow, share throughout the session.
GET SOCIAL WITH US Tweet, follow, share throughout the session. 2015 Experian Information Solutions, Inc. All rights reserved. 1 The state of the union for online marketplace lending Experian and the marks
More informationGET SOCIAL WITH US. #vision2016. Tweet, follow, share throughout the session.
GET SOCIAL WITH US Tweet, follow, share throughout the session. 2015 Experian Information Solutions, Inc. All rights reserved. 1 Alternative methods to validate with low portfolio volumes Experian and
More informationJ.D. Power Reports: Good Service Trumps Low Pricing in Canada s Competitive Auto Lending Marketplace
w J.D. Power Reports: Good Service Trumps Low Pricing in Canada s Competitive Auto Lending Marketplace BMW Financial Services Ranks Highest in Dealer Satisfaction in the Prime Retail Credit Segment; VW
More informationGet educated A study in the student lending marketplace
Get educated A study in the student lending marketplace Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names
More informationGET SOCIAL WITH US. #vision2016. Tweet, follow, share throughout the session.
GET SOCIAL WITH US Tweet, follow, share throughout the session. 2015 Experian Information Solutions, Inc. All rights reserved. 1 Profitable credit card lending to the underserved market: Bringing the underserved
More informationThe study finds that preferred relationships are not exclusive to the captive lenders.
J.D. Power and Associates Reports: Relationships Fostered under Preferred Programs Significantly Increase Dealer Satisfaction and the Percentage of Business Sent to Lenders BMW Financial Services Ranks
More informationGLOBAL ECONOMICS GLOBAL AUTO REPORT
Improving US Household and Business Fundamentals Point to Higher Sales Ahead Emerging markets drive global sales gains, amid temporary US weakness. CONTACTS Carlos Gomes 1..73 Scotiabank Economics carlos.gomes@scotiabank.com
More informationcustomers say they definitely will use the lender again and 23 percent say they definitely will recommend the lender.
Reports: BMW Financial Services, Ford Credit and Hyundai Financial Services Each Rank Highest in Consumer Financing Satisfaction in Their Respective Segments WESTLAKE VILLAGE, Calif.: 4 December 2008 BMW
More informationCredit Desk Becomes Auto Lenders Secret Weapon for Driving Dealer Satisfaction, J.D. Power Finds
Credit Desk Becomes Auto Lenders Secret Weapon for Driving Dealer Satisfaction, J.D. Power Finds Mercedes-Benz Financial Services, MINI Financial Services and TD Auto Finance Earn Top Marks COSTA MESA,
More informationTHE USED VEHICLE MARKET: BUMPS ON THE ROAD AHEAD CHARLES CHESBROUGH SENIOR ECONOMIST AND SENIOR DIRECTOR OF INDUSTRY INSIGHTS JUNE 2017
THE USED VEHICLE MARKET: BUMPS ON THE ROAD AHEAD CHARLES CHESBROUGH SENIOR ECONOMIST AND SENIOR DIRECTOR OF INDUSTRY INSIGHTS JUNE 2017 Introduction Charles Chesbrough Senior Economist and Senior Director
More informationQ Industry Insights Report
Q1 2016 Industry Insights Report U.S. Financial Services Nidhi Verma Director, Research and Consulting TransUnion In this session, we will review industry trends for major lending products with respect
More informationWE TURN YOUR TURN DOWNS INTO CASH WITH MAXIMUM GROSS PROFITS AND CASH TO DEALER 30 MIN OR LESS STIPULATIONS APPROVAL ON ALL ELIGIBLE DEALS
WE TURN YOUR TURN DOWNS INTO CASH WITH MAXIMUM GROSS PROFITS AND CASH TO DEALER 30 MIN OR LESS STIPULATIONS APPROVAL ON ALL ELIGIBLE DEALS MAXIMUM ADVANCE POTENTIAL ON ALL DEALS SAME DAY / 24 HOUR FUNDING
More informationUS Automobile: Sales, Financing and Used Vehicle Insights. Mike Buckingham Senior Director Auto Finance JD Power Data & Analytics
US Automobile: Sales, Financing and Used Vehicle Insights Mike Buckingham Senior Director Auto Finance JD Power Data & Analytics Agenda Ø JD Power PIN Data; Background/Source Ø New Vehicle Data; Auto Sales,
More informationLeith Automotive Group Wholesale Parts Network 4800 Capital Blvd Raleigh, NC 27616
Leith Automotive Group Wholesale Parts Network 4800 Capital Blvd Raleigh, NC 27616 Thank you for your interest in establishing a charge account with the Leith Wholesale Network! The following application
More informationAutoCount sample lender reports. Enabling you to better understand your market
AutoCount sample lender reports Enabling you to better understand your market Improve your strategies with the AutoCount lender report We are dedicated to helping you excel against your competition and
More informationThe changing face of installment lending
The changing face of installment lending Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned
More informationRevisiting the Subprime Crisis
Revisiting the Subprime Crisis Brian Landau Senior Vice President and Auto Business Lead TransUnion May 31, 2018 Several news outlets have raised the question: is a subprime bubble in auto forming? Overstretched
More informationAutoCount for lenders. Dynamic market reporting and analysis with our exclusive credit and NADA vehicle valuation data
AutoCount for lenders Dynamic market reporting and analysis with our exclusive credit and NADA vehicle valuation data 2 AutoCount for lenders AutoCount for lenders provides the only combination of state
More informationThe Bubble, the Burst and Now What Happened to the Consumer? Joe Mellman Vice President, Financial Services TransUnion
The Bubble, the Burst and Now What Happened to the Consumer? Joe Mellman Vice President, Financial Services TransUnion How did the financial crisis affect consumers and how have they fared since? 1 2 3
More informationQuarterly Economic Update Key Trends
Quarterly Economic Update Key Trends Linda Haran Senior Director June 2011 Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product
More informationMaximizing Your Share of Member and Indirect Auto Loans. Bob Child Chief of Staff
Maximizing Your Share of Member and Indirect Auto Loans Bob Child Chief of Staff Dealers and Retailers 10,700 U.S. and Canadian dealers Over 250 Retail establishments 10 Mil. AAA members Credit Unions
More informationSub-Prime Retail Credit
2009 J.D. Power and Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. S-1 Table of Contents Topic Page # Overview of Findings... S-3 Top Ranked Providers... S-5 Index Model... S-7 Finance
More informationInvestor Presentation As of March 31, 2018
Investor Presentation As of March 31, 2018 Consumer finance company focused on sub-prime auto market Established in 1991. IPO in 1992 Through March 31, 2018, approximately $14.6 billion in contracts originated
More informationQ2 11 COMPANY UPDATE
Q2 11 COMPANY UPDATE DISCLOSURE 2 This presentation includes forward-looking statements within the meaning of the "Safe-Harbor" provisions of the Private Securities Litigation Reform Act of 1995, which
More informationUnderstanding The Importance Of Regularly Monitoring Collateral Risk Levels
Understanding The Importance Of Regularly Monitoring Collateral Risk Levels Auto lenders have had a spike in volume since the recession because of pent-up consumer demand to replace aging vehicles and
More informationHow Vehicle Information Informs Credit Risk Measures. Tony Hughes, Managing Director Michael Vogan, Asst. Director April 17, 2018
How Vehicle Information Informs Credit Risk Measures Tony Hughes, Managing Director Michael Vogan, Asst. Director April 17, 2018 Presenters Tony Hughes is a Managing Director with Moody s Analytics. As
More information2018 VANTAGESCORE MARKET STUDY REPORT. AUTHORS Peter Carroll, Partner Cosimo Schiavone, Principal
2018 VANTAGESCORE MARKET STUDY REPORT AUTHORS Peter Carroll, Partner Cosimo Schiavone, Principal CONTEXT AND INTRODUCTION Oliver Wyman was retained by Berens & Miller, P.A. to gather and benchmark objective
More informationAlly Financial Inc. 4Q Earnings Review
Ally Financial Inc. 4Q Earnings Review January 29, 2015 Contact Ally Investor Relations at (866) 710-4623 or investor.relations@ally.com Forward-Looking Statements and Additional Information The following
More information2017 VANTAGESCORE MARKET STUDY REPORT. AUTHOR Peter Carroll, Partner
2017 VANTAGESCORE MARKET STUDY REPORT AUTHOR Peter Carroll, Partner CONTEXT AND RETENTION Oliver Wyman was retained by Berens & Miller, P.A. to conduct primary research into the use of VantageScore ("VS")
More information2016 AUTO FINANCING MARKET OVERVIEW
2016 AUTO FINANCING MARKET OVERVIEW Equifax Canada motive Roger Mitchell, BA, MA, MBA Director, Financial Institutions and Commercial September 22 nd, 2016 2016 CFLA Annual Conference 1 Today s Agenda
More informationASSET BACKED SECURITIES - BACKED BY SUBPRIME AUTOMOBILE LOANS : An examination of correlation coefficient between different variables in relationship
THE PENNSYLVANIA STATE UNIVERSITY SCHREYER HONORS COLLEGE DEPARTMENT OF FINANCE ASSET BACKED SECURITIES - BACKED BY SUBPRIME AUTOMOBILE LOANS : An examination of correlation coefficient between different
More informationDiving deep on credit establishment
Diving deep on credit establishment Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein
More informationExploring specialty finance data
Exploring specialty finance data Introducing: John Lodmell Advance America Paul DeSaulniers Experian Crissy Wallace Experian Contents CFPB proposal Data analysis Business impact and the market ahead 3
More informationInaugural VantageScore 4.0 Trended Data Model Validation
SM JUNE 2018 VantageScore 4.0 2015-2017 Validation: Inaugural VantageScore 4.0 Trended Data Model Validation Contents SCORE PERFORMANCE MAINSTREAM CONSUMERS 1 Trended Data Results 1 INDUSTRY RESULTS 3
More informationGLOBAL ECONOMICS GLOBAL AUTO REPORT
Improving Canadian Auto Loan Market Fundamentals CONTACTS Global sales accelerate further. Subprime auto loans decline in Canada, but lending to higher credit scores picks up. Canadian subprime loans account
More informationBUY HERE, PAY HERE INDUSTRY BENCHMARKS/TRENDS - 2017 - CONTRIBUTORS: www.sgcaccounting.com www.ncm20.com www.subanalytics.com www.niada.com Kenneth Shilson & Associates, PC dba Subprime Analytics 2180
More informationInvestor Presentation As of June 30, 2018
Investor Presentation As of June 30, 2018 Consumer finance company focused on sub-prime auto market Established in 1991. IPO in 1992 Through June 30, 2018, approximately $14.8 billion in contracts originated
More informationAlly Financial Inc. 1Q 2015 Earnings Review
Ally Financial Inc. 1Q 2015 Earnings Review April 28, 2015 Contact Ally Investor Relations at (866) 710-4623 or investor.relations@ally.com Forward-Looking Statements and Additional Information The following
More informationMillennials, Generation Z and credit
Millennials, Generation Z and credit Introducing: Kelley Motley Experian Natasha Madan Experian Generation overview Gen Z Gen Y Gen X Boomer Silent Age 18 20 Younger: Age 21 27 Age 35 49 Age 50 70 Age
More informationHas there been an impact of the affordability crunch on the housing market?
#vision2016 Has there been an impact of the affordability crunch on the housing market? Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions,
More informationExperian-Oliver Wyman Market Intelligence Reports Strategic default in mortgages: Q update
2011 topical report series Experian-Oliver Wyman Market Intelligence Reports Strategic default in mortgages: Q2 2011 update http://www.marketintelligencereports.com Table of contents About Experian-Oliver
More informationExploring The Differences And Similarities Of Auto ABS In China And Other Developed Markets
Exploring The Differences And Similarities Of Auto ABS In China And Other Developed Markets Primary Credit Analysts: Aaron Lei, Hong Kong (852) 2533-3567; aaron.lei@spglobal.com Jerry Fang, Hong Kong (852)
More informationMarshall Motor Holdings plc 2017 Full year results presentation March 2018
Marshall Motor Holdings plc 2017 Full year results presentation March 2018 INTRODUCTION 2 AGENDA Full year Highlights Financial Overview Operating and Strategic Review Current Trading and Outlook Summary
More informationVantageScore 3.0: 638
Business Owner Profile - EVELYN ARPE Subcode: 5636 Ordered: 03/24/2016 15:31:09 CST Transaction Number: C600225913 Search Inquiry: Evelyn Arpe/1419 Center Dr/Stephenville/TX/6401 Identifying Information
More informationSnap-on to Acquire ProQuest Business Solutions. Snap-on Announces 2006 Third-quarter Results. Accelerates Snap-on s Profitable Growth Strategy.
Snap-on to Acquire ProQuest Business Solutions Accelerates Snap-on s Profitable Growth Strategy and Snap-on Announces 2006 Third-quarter Results October 23, 2006 Cautionary Statement These slides should
More informationRebates are now eligible on Westlake financed deals. Focus on near-prime credit customers. Pre-approval fax submission now available!
Rebates are now eligible on Westlake financed deals Focus on near-prime credit customers Pre-approval fax submission now available! Focus buying nearprime credit customers! Due to higher than expected
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION DISCLOSURE 2 Forward-Looking Statements This presentation includes forward-looking statements within the meaning of the "Safe-Harbor" provisions of the Private Securities Litigation
More informationHow to Stay Relevant in a Disruptive Lending Environment
How to Stay Relevant in a Disruptive Lending Environment Don Arkell CU Lending Advice Friday, June 10, 2016 2:15 p.m. Lending Attitude Check The best lenders learn that lending is both an attitude and
More informationThe Future of Indirect Lending
NACUSO Annual Conference The Future of Indirect Lending Presented By Tony Boutelle President & CEO CUDL U.S. Auto Sales Summary New and Used Auto Sales Have Hit Ten Year Lows Automakers Continue to Rely
More informationGET SOCIAL WITH US. #vision2016. Tweet, follow, share throughout the session.
GET SOCIAL WITH US Tweet, follow, share throughout the session. 2015 Experian Information Solutions, Inc. All rights reserved. 1 Approve your declines Reject Inference: Are you missing out on profit by
More informationSwapalease.com Auto Lease Trends Report 2nd Quarter A snapshot of the auto lease industry
Swapalease.com Auto Lease Trends Report 2nd Quarter 2018 A snapshot of the auto lease industry 1 About The Report Swapalease.com studies lease market trends and consumer insights each quarter. In order
More informationSpring Key Advisor. Dealer news and tips
Spring 2017 Key Advisor Dealer news and tips Executive Outlook U.S. auto and light truck sales recorded a record annual high in 2016, marking the seventh straight year of increased sales. Should dealers
More informationGLOBAL ECONOMICS GLOBAL AUTO REPORT
Global Auto Sales Accelerate to Set Eighth Consecutive Annual Record in 17 Sales gains pick up in July, as the outlook for China is upgraded. CONTACTS Carlos Gomes 1..73 Scotiabank Economics carlos.gomes@scotiabank.com
More informationCombining the market intelligence power of AutoCount with Experian s VantageScore SM
AutoCount Risk Report Combining the market intelligence power of AutoCount with Experian s VantageScore SM Indirect lenders are continually seeking tools to improve market understanding and competitive
More informationDid you miss Risk-Based Lending Part 1?
Welcome! We will begin today at 1pm central. Did you miss Risk-Based Lending Part 1? Check out the archive for video + slides Risk-Based Lending Three Credit Union Perspectives Betsy Sommers, SVP Seasons
More informationFY st Quarter Financial Results ended June 30, July 28, 2017 DENSO CORPORATION
FY2018 1 st Quarter Financial Results ended June 30, 2017 July 28, 2017 DENSO CORPORATION Overview of FY2018 1 st Quarter Financial Results 1/16 1. Revenue increased by the increase of car production and
More informationFY2018 1st Quarter Financial Results ended June 31, July 28, 2017 DENSO CORPORATION
FY2018 1st Quarter Financial Results ended June 31, 2017 July 28, 2017 DENSO CORPORATION Overview of FY2018 1 st Quarter Financial Results 1/16 1. Revenue increased by the increase of car production and
More informationDATA ANALYTICS FOR LENDERS
DATA ANALYTICS FOR LENDERS KEY FEATURES SPEED Information is available within days of prior month s closing. KEY BENEFITS REVIEW CURRENT AUTO INDUSTRY DATA TO IDENTIFY PRODUCT TRENDS. INSIGHT Compare your
More informationDollars of Lines Originated (Billions) Dollars of Lines Originated Billions)
Lending Trends Crissy Wallace Lead Analytics Consultant 1 Experian Agenda Macroeconomic Trends Auto Trends Mortgage Trends Personal Loan Trends Student Loan Trends Alternative Data 2 Experian 1 Since the
More informationCredit Cards and Financial Health Member-Exclusive Report from CFSI s Consumer Financial Health Study
Credit Cards and Financial Health Member-Exclusive Report from CFSI s Consumer Financial Health Study We provide this CFSI Member Exclusive as a resource to create new products, calibrate existing ones,
More informationVehicle Service Contract Administration
Vehicle Service Contract Administration Fragmented industry with strong margins and accelerating acquisition activity A rebounding automotive sector and a modest recovery of the U.S. economy have driven
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION March 2019 1 DISCLOSURE Forward-Looking Statements Certain statements in this presentation, and at times made by our officers and representatives, constitute forward-looking statements
More informationQ Industry Insights Report
Q3 2015 Industry Insights Report U.S. Financial Services Nidhi Verma Director, Financial Services Research and Consulting TransUnion TransUnion s Industry Insights Report is a quarterly overview summarizing
More informationDelinquency trends and collection regulation update under the Consumer Finance Protection Bureau (CFPB)
Delinquency trends and collection regulation update under the Consumer Finance Protection Bureau (CFPB) Introducing: Edwin de Buck ING Gordon Cameron PNC Kelley Motley Experian 1M 1M 1M 1M 1M 1M 1M 1M
More informationScore migration strategies for turbulent times
Score migration strategies for turbulent times Chuck Robida, Experian Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product
More informationFIRST PRINCIPLES CAPITAL MANAGEMENT
Millions FIRST PRINCIPLES CAPITAL MANAGEMENT There s a new kid in town June 2017 Everybody is talking about Tesla these days, especially when it recently eclipsed General Motors and Ford as the most valuable
More informationMost Profitable Quarter in Company History
Penske Automotive Reports Record Results July 30, 2014 7:30 AM ET Most Profitable Quarter in Company History BLOOMFIELD HILLS, Mich., July 30, 2014 /PRNewswire/ -- Second Quarter 2014 Six Months 2014 Revenue
More informationSANTANDER CONSUMER USA HOLDINGS INC. Fourth Quarter and Full Year
SANTANDER CONSUMER USA HOLDINGS INC. Fourth Quarter and Full Year 2016 01.25.2017 IMPORTANT INFORMATION 2 Forward-Looking Statements This presentation contains forward-looking statements within the meaning
More informationA Line of Credit Might Be the Largest Financial Commitment of Your Life, But It Can Unlock the Full Potential of Your BHPH Operation
Worth the Effort A Line of Credit Might Be the Largest Financial Commitment of Your Life, But It Can Unlock the Full Potential of Your BHPH Operation By Paxton Wright One of the keys to operating an auto
More informationNavigating the Road to BHPH Success Six Step Approach!
Navigating the Road to BHPH Success Six Step Approach! Presented by: Kenneth Shilson, President Subprime Analytics NABD May 25, 2016 Visit Booth #115 www.bhphinfo.com www.subanalytics.com Source: Experian
More information1Q 2017 FORD CREDIT EARNINGS REVIEW
1Q 2017 FORD CREDIT EARNINGS REVIEW April 27, 2017 FC1 FORD CREDIT STRATEGY ORIGINATE SERVICE FUND Support Ford and Lincoln sales Strong dealer relationships Full spread of business Consistent underwriting
More informationVALUE DRIVEN Fourth-Quarter and Full-Year Financial Results and Overview. Copyright 2012 Group 1 Automotive, Inc. All rights reserved.
VALUE DRIVEN 2012 Fourth-Quarter and Full-Year Financial Results and Overview Copyright 2012 Group 1 Automotive, Inc. All rights reserved. February 19, 2013 Safe Harbor This presentation contains "forward-looking
More informationCrusade ABS Series Trust Collateral Pool Data
31-Mar-2019 31-Dec-2018 30-Sep-2018 30-Jun-2018 Pool Summary Outstanding Balance (AUD) 1,320,405,365 1,493,280,673 1,676,342,131 1,870,533,655 Number of Loans 76,162 80,526 84,774 89,246 Weighted Average
More informationGLOBAL ECONOMICS GLOBAL AUTO REPORT
Luxury Sales Accelerate In China CONTACTS US drives global sales higher in March. Canadian sales remain on a stronger-than-expected trajectory. German brands are the luxury leaders in China, and will benefit
More informationAlly Financial Inc. 2Q Earnings Review
Ally Financial Inc. 2Q Earnings Review July 29, 2014 Contact Ally Investor Relations at (866) 710-4623 or investor.relations@ally.com Forward-Looking Statements and Additional Information The following
More informationCopyright Texas Education Agency, All rights reserved.
Copyright Texas Education Agency, 2012. These Materials are copyrighted and trademarked as the property of the Texas Education Agency (TEA) and may not be reproduced without the express written permission
More informationHOW TO GROW A PROFITABLE USED LEASING PORTFOLIO BLACK BOOK WHITE PAPER
HOW TO GROW A PROFITABLE USED LEASING PORTFOLIO BLACK BOOK WHITE PAPER SEPTEMBER 2016 1 How to Grow a Profitable Used Leasing Portfolio Black Book Lender Solutions White Paper How to Grow a Profitable
More informationGMAC Financial Services Reports Preliminary First Quarter 2010 Financial Results
GMAC Financial Services Reports Preliminary First Quarter 2010 Financial Results Reported first profitable quarter since fourth quarter 2008; Fifth consecutive profitable quarter from the core automotive
More informationRocky Mountain Acceptance
Rocky Mountain Acceptance Your Local, Same Day Funding Source Dealer Credit Application / Credit Authorization Release Form The statements made below are true and correct and made by in order to induce
More informationCrusade ABS Series Trust Collateral Pool Data
Period Ending: 30-Jun-2018 31-Mar-2018 31-Dec-2017 30-Sep-2017 Pool Summary Outstanding Balance (AUD) 1,870,533,655 1,724,103,195 1,900,741,017 1,766,565,555 Number of Loans 89,246 81,429 84,833 76,577
More informationUser guide. Collection Advantage SM. via Access
Collection Advantage SM via Access 2017 Experian Information Solutions, Inc. All rights reserved. Title and copyright in this document at all times belong to Experian. It shall be kept strictly confidential
More informationA Guide to Your Credit Report
Sample for demonstration purposes only. All data is fictitious. A Guide to Your Credit Report John Sample January 20, 2018 Please Note: This packet is provided as is and is meant to give insights into
More informationGLOBAL ECONOMICS GLOBAL AUTO REPORT
Ninth Consecutive Global Sales Record Expected in 1 Stronger economic growth and replacement demand are expected to drive sales higher in North America and Western Europe. CONTACTS Carlos Gomes 1..73 Scotiabank
More informationLender Solutions White Paper: Not All Vehicles Depreciate Alike
Lender Solutions White Paper: Not All Vehicles Depreciate Alike The current automotive landscape has proven to be very interesting for lenders as continued pent-up demand is driving expanded growth for
More informationKEY MARKET TRENDS F O R J A N U A R Y 1 7,
KEY MARKET TRENDS F O R 2 0 1 8 J A N U A R Y 1 7, 2 0 1 8 While economic growth has been anemic in this expansion, momentum is picking up 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960
More information