Average Amount Financed for Used Car Loans at Auto Finance Companies
: 18723.02 (As of 2011-01-01) NEW (
Discontinued
)
Basic Info
The Average Amount Financed for Used Car Loans at Auto Finance Companies measures the typical loan amount that consumers borrow through auto finance companies when purchasing used vehicles. This metric provides insight into consumer borrowing behavior, trends in the used car market, and the affordability of used vehicles. Monthly, not seasonally adjusted. For further information, please refer to the Board of Governors of the Federal Reserve System's G.20 release, online at http://www.federalreserve.gov/releases/g20/ .
Average Amount Financed for Used Car Loans at Auto Finance Companies was 18723.02 as of 2011-01-01, according to The Federal Reserve. Historically, Average Amount Financed for Used Car Loans at Auto Finance Companies reached a record high of 18723.02 and a record low of 1559, the median value is 8678. Typical value range is from 14 to 17. The Year-Over-Year growth is 5.14%. GuruFocus provides the current actual value, an historical data chart and related indicators for Average Amount Financed for Used Car Loans at Auto Finance Companies - last updated on 2011-01-01.
| Category | Production & Business Activity |
| Region | USA |
| Source | The Federal Reserve |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 18723.02 | ||
| Latest Period | 2011-01-01 | ||
| Long Term Average | 15,993.10 | ||
| Average Annualized Growth Rate | +6.37% | ||
| Value from 1 year ago | |||
| Change from 1 year ago | % | ||
| Frequency | Daily | ||
| Unit | USD | ||
| Download Source | source link |
Related Indicators
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