Macroeconomic Headwinds and the Surge in Used Vehicle FinancingThe auto finance industry is navigating a complex macroeconomic landscape marked by elevated interest rates, persistent inflation, and rising average transaction prices for new vehicles. As affordability constraints weigh on middle-income consumers, borrowing costs have increased, pushing buyers to reassess their purchasing choices. These pressures are reshaping consumer demand, driving a significant structural pivot toward used vehicle financing, flexible lease structures, and extended loan tenures.Source - https://www.marketresearchfuture.com/reports/auto-finance-market-24350