2014 Chevrolet Suburban 1500 Lt on 2040-cars
1001 N Broad St, Fairborn, Ohio, United States
Engine:5.3L V8 16V MPFI OHV
Transmission:6-Speed Automatic
VIN (Vehicle Identification Number): 1GNSKJE71ER180534
Stock Num: C4150
Make: Chevrolet
Model: Suburban 1500 LT
Year: 2014
Exterior Color: Concord Metallic
Interior Color: Ebony
Options: Drive Type: 4WD
Number of Doors: 4 Doors
Price includes: $2,000 - General Motors Bonus Cash Program. Exp. 06/30, $750 - USAA Private Offer. . Must provide documentation verifying current policy holder or membership with USAA. See dealer for details., $2,000 - General Motors Consumer Cash Program. Exp. 06/30
Chevrolet Suburban for Sale
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Auto blog
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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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