The loan amount for a new vehicle in the first quarter of 2018 was $31,445, $921 higher than the same period in 2017. In the used segment, the average loan amount for a vehicle was $19,536, $410 higher compared to the year-ago period.
IARA Technology Committee Welcomes Santander's VP of Asset Remarketing
Steve Solomon brings over 20 years of experience in the remarketing industry, along with a tremendous amount of knowledge and experience to IARA, noted fellow co-chair Venkat Krishnamoorthy.