Tesla Model 3 And Y: Two Of Most Common Luxury Cars For US Auto Loans via insideevs.com
The BMW 3 Series is in the third position with a 4.3 percent share for luxury car inquiries made on LendingTree over the last two years. The BMW 5 Series scored 2.2 percent and the BMW X5 did 1.7 percent. The total for BMW on the Top 10 chart is 8.2 percent.
With the Model S occupying a 1.9 percent share of the search for luxury cars in the United States, Tesla holds a total of 13.2 percent share of this interest. LendingTree found that one in five auto loan inquiries in the U.S. is for luxury cars. In metros like San Jose, San Francisco and Los Angeles, the percentage is even higher and Tesla seems to hold the crown in this segment as well with a promising future.
"Specifically, San Jose, Calif., ranks highest. Nearly 4 in 10 of the auto loan inquiries in the metro are for luxury cars. Following that, San Francisco ranks second , with Los Angeles third."The analysis also detailed states with the highest percentage of luxury auto loan queries. Although one might easily guess California would have the most luxury inquiries, it was actually the District of Columbia with 35.5 percent, while California had just 32.4 percent to land in second.
is one of the most widely-used platforms that potential car buyers use to search for auto loan options. On average, it has around 7.5 million visitors every month who are looking for cars and other loans online.
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