KEY TAKEAWAYS

September new-vehicle total sales on track for 2.6% increase year over year with a SAAR of 16.1M

Consumer expenditure on new vehicles in September is projected to increase 6.6% year over year to $48.7 billion

Average monthly payments expected to rise 3.2% to a September record of $821, while interest rates projected to drop 4 basis points to 6.66%, the lowest September leve…

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