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	<title>Special Finance Group &#187; Standards &amp; Poor</title>
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		<title>Subprime Auto Loans in an Upswing</title>
		<link>http://specialfinancegroup.com/blog/2012/03/subprime-auto-loans-in-an-upswing/</link>
		<comments>http://specialfinancegroup.com/blog/2012/03/subprime-auto-loans-in-an-upswing/#comments</comments>
		<pubDate>Thu, 15 Mar 2012 21:11:47 +0000</pubDate>
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		<description><![CDATA[Recent studies are showing that dealerships that are not putting their resources behind special financing are missing out on a prominent and steadily growing market. According to Automotive News, there has never been a better time to get in on &#8230; <a href="http://specialfinancegroup.com/blog/2012/03/subprime-auto-loans-in-an-upswing/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
				<content:encoded><![CDATA[<p style="text-align: left;"><a href="http://specialfinancegroup.com/blog/wp-content/uploads/2012/03/57805621rdoc35o.jpg"><img class="alignleft size-medium wp-image-162" title="57805621rdoc35o" src="http://specialfinancegroup.com/blog/wp-content/uploads/2012/03/57805621rdoc35o-300x276.jpg" alt="" width="300" height="276" /></a>Recent studies are showing that dealerships that are not putting their resources behind special financing are missing out on a prominent and steadily growing market.</p>
<p style="text-align: left;"><a title="Automotive News: Why the Subprime Pool is Growing" href="http://www.autonews.com/article/20120314/FINANCE_AND_INSURANCE/120319953/1142/why-the-subprime-pool-is-growing" target="_blank">According to Automotive News</a>, there has never been a better time to get in on special financing. Interest rates are dropping, even for high-risk loans, and 41.5 percent of auto loans are subprime auto loans. Only a few years ago, subprime auto loans were closer to a third of all auto loans, and now they are creeping up to half. Besides that, Standards and Poor has estimated that subprime loans in general will be higher this year. In 2011, subprime loans were 24 percent of all loans, and in 2012, they are expected to make up 25 to 30 percent of all loans.</p>
<p style="text-align: left;">With these numbers, putting resources into special financing is a no-brainer for any car dealership, and Special Finance Group can help dealerships make the most of their special finance departments. Special Finance Group brings years of experience as well as the latest in internet marketing and social media tools to bring in new clientele and hundreds of thousands of dollars in additional revenue.</p>
<p style="text-align: left;">Read more about Special Finance Group&#8217;s Complete Special Finance Solution <a title="Special Finance Group: The Complete Special Finance Solution" href="http://specialfinancegroup.com/blog/index.php/the-complete-special-finance-solution/" target="_blank">here</a> and find out what it could do for your dealership. Also, keep up to date on the latest from Special Finance Group by liking us on Facebook <a title="Special Finance Group on Facebook" href="http://www.facebook.com/SpecialFinanceGroup" target="_blank">here</a>.</p>
<p><a href="http://www.freedigitalphotos.net/images/view_photog.php?photogid=1970">Image: winnond / FreeDigitalPhotos.net</a></p>
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