Volvo buyers have best credit scores among all auto shoppers [cardvd-player.net]

Experian, the credit reporting agency in the United States, has just completed a study of the financial and credit markets, the American car buyers. One of the main conclusions that Volvo buyers the highest ratings among buyers of new cars of all brands (NB, certain numbers may differ from Experian and other agencies) was enjoying. Unlike the Forbes report on the same story, but do not find that surprising at all, nor do I think it really helps aspirations Volvo luxury brand. The automaker, based in Gothenburg, has sold his goods in tank-like security for decades, it seems logical that the buyer would be so confident with and attention to their credit scores, as they are with the choice of your vehicle.
Audi won fourth place for consumer credit scoring, seventh and ninth Porsche, Mercedes-Benz, but the fact that Volvo surpasses this metric is probably a plus to their bottom line, but not necessarily its image. It is not unfair to say that most people want the other luxury brands – Volvo itself has recognized – and the people in the throes of desire was known to be a little disappointed-it-ride on things like credit scores be. The differences are not huge, but: compared to 818 for Volvo, Audi buyers will receive a score of 813, Mercedes buyer 802nd Lexus and Acura Intenders took the other two steps on the podium top credit scores.
Mitsubishi took the honors at the other end of the charts, discover Experian had your potential customers, with an average of 604, the lowest values. Was followed by Suzuki Mitsubishi and Dodge. On the other side of the budget, Toyota led the way, how many of their vehicles were purchased with the help of the bank, closely followed by Ford, Chevrolet third. Also of note, and so worth it, is not a car manufacturer both in the top ten of the funding to “and” top ten lists for credit score, but four were both funding and the bottom ten credit score lists: Chevrolet , Nissan, Kia and Dodge.
Other interesting findings? The average amount financed consumers in the third quarter of 2012 for the purchase of new car was $ 25,963 – $ 25,873 compared to a quarter back. $ 17,359 compared to a year ago – on the used car side of the equation, the average amount of $ 17,577 has been funded.

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