APR Banking Lessee 
Automotive Mastermind
SEPTEMBER 30, 2022
These brand-specific finance organizations are different from direct lenders — banks and credit unions — and from other third-party lenders, like Capital One, because they originate directly from the OEM selling the vehicle. How does captive financing benefit customers and dealers? make loyalty, respectively).
Automotive Mastermind
NOVEMBER 18, 2022
Still, S&P Global Mobility notes the average APR has risen for the upper-level credit tiers, but not for the lowest tier, including credit scores between 300–600. APR in August versus 5.4% According to S&P Global Mobility, credit unions now offer the lowest average rates in the industry at an average 4.7% for captives and 6.2%
Expert insights. Personalized for you.
52 
Let's personalize your content