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How Are We Doing? Sales Data for Q2 2021

How Are We Doing? Sales Data for Q2 2021

On the MBFS side, new credit applications 2021 Q2 saw an increase at 221,035 compared to 193,363 during the same period last year. Auto approvals were up 3.7% year-over-year (YoY) from 56.7% in 2021 compared to 53.0% in 2020.

  • For Q2 2021, new approval rates were at 84.0% compared to Q2 2020 which were at 86.8% (-3%).
  • Increases were seen within pre-owned applications (+9%) and acquisitions (+6%) in regards to volume compared to prior year, while approvals were down (-5%).

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