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Melinda Zabrintski, who is the head of automotive financial insights for Experian Automotive, talks car payments and more. (Photo Credit: EA) |
As the average new car transaction price tips over $50,000 for the first time in automotive history and as nearly 20 percent of new car buyers shell out over $1,000 a month to afford today's expensive vehicles in their household budget, Melinda Zabrintski, joins Auto Trends with JeffCars.com for her annual state of automotive finance conversation from a consumer's perspective.
Zabrintski, who is the head of automotive financial insights for Experian Automotive, a division of Experian Credit, shares her insights on how today's car buyers are able to afford today's inflationary new and used car prices. We'll examine everything from delinquency rates to the average new and used car payments to how long consumers are stretching their payments to afford today's vehicles.
Moreover, she'll look at the difference between electric vehicle buyers and non electric car buyers and how their car-buying profile differs.
She'll also reveal which income segment is responsible for driving today's new car purchases. It will explain why some automakers are catering to this demographic in terms of pricing their vehicles.
To Tune In On SiriusXM And Free FM Radio Outlets To hear the conversation, tune in to Auto Trends with JeffCars.com, on Saturday, October 18 thru Thursday, October 23. The program will air on SiriusXM 141 and on several FM radio outlets. To access the schedule, click here. |
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