Experian Automotive Joins 'Auto Trends' To Share How Car Buyers Are Affording Today's Inflationary Prices

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, Melinda Zabrintski joins Auto Trends with JeffCars.com for her annual state of automotive finance conversation from a consumer's perspective. 

'Auto Trends' Holds Its Second Annual State Of The Electric Vehicle Conversation

Devin Lindsey, principal analyst of North American powertrain forecasting at S&P Global Mobility, and Sam Fiorani, vice president of global vehicle forecasting of AutoForecast Solutions, joins Auto Trends with JeffCars.com this week for its Second Annual State of the Electric Vehicle Conversation. They'll guide consumers through the ever-changing landscape of the electric vehicle market following the enactment of the Inflation Reduction Act in August 2022. Find out about the latest EV incentives for both new and preowned automobiles. 

Experian's Melinda Zabritski Talks Car Payments, Lease Payments And More On 'Auto Trends'

 

Melinda Zabritski (Photo Credit: Experian Automotive)

Tune in Friday, May 14 thru Monday, May 19 on our FM outlets too, click here.

Latest Trend: A Record 7 Million Customers At Least 90 Days Late On Car Payment

• The New York Fed said there were over a million more “troubled borrowers” at the end of 2018 than there were in 2010, when unemployment hit 10 percent and the auto loan delinquency rate peaked. Today, unemployment is 4 percent, and many more Americans have jobs, yet a significant number of people cannot pay their car loan.

• Most of the people who are behind on their bills have low credit scores and are under age 30, suggesting young people are having a difficult time paying for their cars and their student loans at the same time.

(source: Mercury News)