
{"id":3951,"date":"2013-04-30T09:30:06","date_gmt":"2013-04-30T09:30:06","guid":{"rendered":"http:\/\/blog.njstateauto.com\/auto-loans-financing-news\/below-prime-buyers-provide-insight-to-the-auto-industry\/"},"modified":"2013-04-30T09:30:06","modified_gmt":"2013-04-30T09:30:06","slug":"below-prime-buyers-provide-insight-to-the-auto-industry","status":"publish","type":"post","link":"https:\/\/www.njstateauto.com\/blog\/below-prime-buyers-provide-insight-to-the-auto-industry\/","title":{"rendered":"Below-Prime Buyers Provide Insight To The Auto Industry"},"content":{"rendered":"<p>Being on a budget can drastically affect how you go about shopping for something you need. That&#039;s certainly the case when looking for a new car purchase, as most prospective drivers need to search for a vehicle that combines safety, technology and performance in one affordable package &#8211; especially if they are a below-prime buyer who needs a car loan to complete the transaction.&nbsp;<\/p>\n<p>According to a report from CarFinance.com, below-prime buyers account for 43 percent of all auto loans and are constantly searching for great value and longevity in their vehicles. As a result, the most popular models in this segment may reflect the extensive warranties, special features and attractive price range many people are looking for.&nbsp;<\/p>\n<p>&quot;While compact sedans rule the CarFinance.com new vehicle list, when it comes to used, pickups and midsize\/large sedans dominate, with no compacts making the top 10,&quot; said Jim Landy, president and CEO of CarFinance.com. &quot;This is a consumer looking for multi-use trucks and larger, fit-the-whole-family vehicles, but seeking those relatively high-cost vehicles at a significantly lower used price point.&quot;&nbsp;<\/p>\n<p>The most popular used car for below-prime buyers was the Ram 1500 truck. That was followed by the Nissan Altima, <a href=\"http:\/\/www.njstateauto.com\/preowned\/index.cfm?make=Ford\" target=\"_self\" class=\"dnautolink\">Ford<\/a> F150 and <a href=\"http:\/\/www.njstateauto.com\/preowned\/index.cfm?make=Dodge\" target=\"_self\" class=\"dnautolink\">Dodge<\/a> Charger, while several <a href=\"http:\/\/www.njstateauto.com\/preowned\/index.cfm?make=Chevrolet\" target=\"_self\" class=\"dnautolink\">Chevrolet<\/a> models &#8211; the Silverado 1500, Impala, and Malibu &#8211; the <a href=\"http:\/\/www.njstateauto.com\/preowned\/index.cfm?make=Toyota\" target=\"_self\" class=\"dnautolink\">Toyota<\/a> Camry, <a href=\"http:\/\/www.njstateauto.com\/preowned\/index.cfm?make=Chrysler\" target=\"_self\" class=\"dnautolink\">Chrysler<\/a> 300 and Ford Mustang rounded out the top 10.&nbsp;<\/p>\n<p>Prospective car owners don&#039;t have to be classified as below-prime to be on the hunt for a great deal. Almost all drivers are trying to get the most bang for their buck while shopping around for a new ride, and taking cues from below-prime buyers may help them find some hidden gems. Of course, savvy drivers can always head to <a href=\"http:\/\/www.njstateauto.com\" target=\"_self\" class=\"dnautolink\">NJ State Auto Auction<\/a> to check out the selection of CARFAX certified cars, trucks and vans. If you&#039;re looking for a great deal on a used car, the selection at <a href=\"http:\/\/www.njstateauto.com\" target=\"_self\" class=\"dnautolink\">New Jersey Auto Auction<\/a> could have just what you need.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Being on a budget can drastically affect how you go about shopping for something you need.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Below-Prime Buyers Provide Insight To The Auto Industry<\/title>\n<meta name=\"description\" content=\"Being on a budget can drastically affect how you go about shopping for something you need.\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.njstateauto.com\/blog\/below-prime-buyers-provide-insight-to-the-auto-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Below-Prime Buyers Provide Insight To The Auto Industry\" \/>\n<meta property=\"og:description\" content=\"Being on a budget can drastically affect how you go about shopping for something you need.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.njstateauto.com\/blog\/below-prime-buyers-provide-insight-to-the-auto-industry\/\" \/>\n<meta property=\"og:site_name\" content=\"Used Car Blog - 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