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Jim Ellis Audi of Marietta
At Jim Ellis Audi we strongly discourage our Clients from entering into long term financing contracts. We have several common sense short term alternatives to save you money. Any Dealer who offers you an 84 month term car loan is NOT dealing in your best interest.
• Findings from Experian Automotive’s State of the Automotive Finance Market report showed that longer loans — those contracts with terms lasting 73 to 84 months — accounted for a record-setting 29.5% of all new vehicles financed, marking an 18.6% rise above Q1 2014, the highest percentage on record since Experian began tracking.
• Long-term used-vehicle loans also broke records, with terms of 73 to 84 months, reaching 16% in Q1 2015, rising from 12.94% the previous year — also the highest on record.
• The average new-vehicle loan was $28,711 in Q1 2015, compared to $27,612 in Q1 2014. The average monthly payment for new vehicles rose from $474 to $488.
• Leasing continued to increase, jumping from 30.22% of all new vehicles financed in Q1 2014 to a record high of 31.46% in Q1 2015. During the same time period, the average monthly lease payment dropped to $405, down from $412 the previous year.
• Leasing credit loosened, as the average new vehicle lessee had a credit score of 718 in Q1 2015, down from 721 the previous year.
• The average credit score for a new-vehicle loan dropped from 714 in Q1 2014 to 713 in Q1 2015. The average used vehicle score moved higher, from 641 to 643.
– The average used-vehicle loan was $18,213 in Q4 2015, up from $17,927 in Q4 2014.
– The average interest rate for new vehicles was 4.71% in Q1 2015, up from 4.54% in Q1 2014. The average rate for used vehicles increased from 9.01% in Q1 2014 to 9.17% in Q1 2015.
•(Source: (SubPrime Auto Finance News)
Jim Ellis Audi of Marietta: Dustin Colburn
Jim Ellis Audi of Marietta: Dustin Colburn
His customers love him...To see hundreds more of what our customers have to say about their experiences at Jim Ellis Audi - Marietta go to...
http://www.dealerrater.com/dealer/Jim-Ellis-Audi-of-Marietta-review-7305/#r1957950
Jim Ellis Audi - Marietta Awarded the...
Dealer Rater.com 15' Audi Dealer of the Year Award!
http://www.dealerrater.com/dealer/Jim-Ellis-Audi-of-Marietta-review-7305/#r1961079
It is not just a matter of getting a fair price for your purchase, but knowing the sales person genuinely cares to make your experience most memorable with ethical, professional, courteous, responsive behavior that mimics that of a friend looking out for your best interests.
Dustin Colburn will assure that you have an outstanding experience at Audi of Marietta.
Jim Ellis Audi - Marietta has over 600 Units Available!
www.jimellisaudimarietta.comDeal with a true professional...
Jim Ellis Audi - Marietta
1715 Cobb Pkwy. south
Marietta, GA 30060
(866) 292 - 2477
