Outlook for Auto Delinquencies Improves September 14, 2017 Automotive News, Hannah Lutz (September 13, 2017) The 30-day delinquency rate for auto loans has leases has fallen for the second straight quarter, according to a presentation by Experian. The 30-day rate for all loans fell 2.20 percent from 2.22 percent a year earlier in the second quarter. Melinda Zabtiski, Experian’s senior director of automotive financial solutions noted that the 60-day delinquency rate is likely not too many quarters behind. Superprime loan and lease originations made up 19.1 percent of the market in the second quarter, up from 17.9 percent a year earlier. Total subprime loan and lease originations, dropped to 18.4 percent from 19.3 in the previous period. Deep subprime also fell from 3.54 percent to 3.45 percent. The average credit score for a customer who originated a new-vehicle loan or lease in the second quarter was 714, vs. 710 a year earlier. The average credit score for used borrowers was 652, vs. 648.