1988 Chevrolet Suburban V200 Silverado 4x4 3/4 Ton on 2040-cars
Clackamas, Oregon, United States
Fuel Type:Gasoline
For Sale By:Private Seller
Vehicle Title:Clean
Engine:5.7L Gas V8
Year: 1988
VIN (Vehicle Identification Number): 1GNGV26K2JF190815
Mileage: 68999
Trim: V200 SILVERADO 4x4 3/4 Ton
Number of Cylinders: 8
Make: Chevrolet
Drive Type: 4WD
Model: Suburban
Exterior Color: Blue
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Auto Services in Oregon
Vo`s Auto Repair Inc ★★★★★
Tru Autobody & Collision Repair LLC ★★★★★
Transmission Exchange Co ★★★★★
Toy Doctor ★★★★★
T & M Towing ★★★★★
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Auto blog
Subprime financing on the rise in new car sales, leasing too
Fri, 07 Dec 2012We all remember the financial crisis that began several years back. At its core was a splurge of subprime lending for housing loans. The housing bubble burst, triggering a collapse of the mortgage-backed securities market. Apparently, those types of loans still exist in the automotive industry, and the market share for these types of "nonprime, subprime, and deep subprime," loans has grown 13.6 percent compared to the third quarter a year ago.
According to an Automotive News report, high-risk lending expanded to 24.8 percent of total loans in Q3, up from 21.9 percent for this time last year. As this level increased, average credit scores of borrowers dropped to 755, down from 763 a year ago. In that time, the average financing amount increased $90 per vehicle, to $25,963.
At 818, Volvo maintains the highest per-owner credit score, while Mitsubishi has the lowest, at 694. The highest rate of borrowers was at Toyota, with 14 percent of the market, followed by Ford with 13.1 percent and Chevrolet at 11.1.
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