72.3% of New Cars Acquired via Credit by March 2025
- MEXICO CITY (AP) — Financing for new vehicle purchases in Mexico reached 72.3% in March 2025,according to a report by the Mexican Association of Automotive Distributors (AMDA) with...
- The report,titled "Financing report and buyers per state in 2025," breaks down financing by vehicle segment for the first three months of 2025:
- Buyers of subcompact, compact, multi-use vehicles, pick-ups, and sports cars typically opt for 60-month financing terms.In contrast, luxury vehicle buyers tend to prefer shorter, 36-month financing plans.
Mexico Auto Financing Reaches 72.3% in Early 2025, Driven by Subcompacts
Table of Contents
- Mexico Auto Financing Reaches 72.3% in Early 2025, Driven by Subcompacts
- Mexico Auto Financing in Early 2025: Your Questions Answered
- what is the Current Auto Financing Rate in Mexico?
- How Does Fleet Sales Impact the Overall Financing Rate?
- Which Vehicle Segments are Seeing the Highest Financing Rates?
- What are the Typical financing Terms for different Vehicle Types?
- Which Mexican States Have the highest Auto Financing Rates?
- How Has the State-by-State Financing Landscape Changed?
- What is the financing Prospect Index for the First Quarter of 2025?
- Where Can I Find More Detailed Data?
MEXICO CITY (AP) — Financing for new vehicle purchases in Mexico reached 72.3% in March 2025,according to a report by the Mexican Association of Automotive Distributors (AMDA) with data analysis from Hundred and Urban Science. When factoring in fleet sales, which are often cash purchases, the overall financing rate drops to 61.7%.
Top Financed Vehicle Segments
The report,titled “Financing report and buyers per state in 2025,” breaks down financing by vehicle segment for the first three months of 2025:
| Place | Segments | Percentage |
|---|---|---|
| 1 | Subcompacts | 66.8% |
| 2 | Multiple Uses | 64.2% |
| 3 | Compact | 62.6% |
| 4 | Pick-ups | 52.1% |
| 5 | Sports | 50.4% |
| 6 | Deluxe | 44.7% |
Buyers of subcompact, compact, multi-use vehicles, pick-ups, and sports cars typically opt for 60-month financing terms.In contrast, luxury vehicle buyers tend to prefer shorter, 36-month financing plans.
State-by-State Breakdown of Auto Financing
The study also examined the prevalence of credit in retail auto purchases across different Mexican states. The number of states with financing rates at or above 70% decreased from 21 to 13. Conversely, the number of states below the national average rose from 13 to 11.
The states with the highest rates of vehicle financing are:
| Place | Entity | Percentage |
|---|---|---|
| 1 | Tamaulipas | 82.6% |
| 2 | Sinaloa | 81.3% |
| 3 | Tamaulipas | 81.1% |
| 4 | Quintana Roo | 81.0% |
| 5 | Baja California Norte | 79.6% |
| 6 | Puebla | 79.5% |
| 7 | Querétaro | 78.6% |
| 8 | Aguascalientes / Chihuahua | 78.3% |
| 9 | Sonora | 78.0% |
| 10 | Colima | 76.2% |
Financing Prospect Index
The report estimates that approximately 15,491 new vehicles, representing 9.036 million pesos, could have been financed in the first quarter of 2025. The multi-purpose vehicle segment in Mexico city presents the most significant opportunity for increased financing.
Mexico Auto Financing in Early 2025: Your Questions Answered
The Mexican auto market is constantly evolving. Understanding the trends in auto financing is crucial for both consumers and industry professionals. This article dives deep into the early 2025 data, providing clear answers to your most pressing questions.
what is the Current Auto Financing Rate in Mexico?
In March 2025, financing for new vehicle purchases in Mexico reached 72.3%. This data comes from a report by the Mexican Association of Automotive Distributors (AMDA) using data analysis from Hundred and Urban Science.
How Does Fleet Sales Impact the Overall Financing Rate?
Fleet sales, which often involve cash purchases, influence the overall financing rate. When considering fleet sales, the overall auto financing rate drops to 61.7%.
Which Vehicle Segments are Seeing the Highest Financing Rates?
The report offers a detailed breakdown of financing by vehicle segment. Hear’s a look at the top-financed segments for the first quarter of 2025:
| Place | Vehicle segment | Percentage Financed |
|---|---|---|
| 1 | Subcompacts | 66.8% |
| 2 | Multiple Uses | 64.2% |
| 3 | Compact | 62.6% |
| 4 | pick-ups | 52.1% |
| 5 | Sports | 50.4% |
| 6 | Deluxe | 44.7% |
What are the Typical financing Terms for different Vehicle Types?
Financing terms often vary based on the vehicle segment:
- 60-Month terms: Buyers of subcompact, compact, multi-use vehicles, pick-ups, and sports cars typically opt for longer-term 60-month financing plans.
- 36-Month terms: Those who purchase luxury vehicles frequently enough choose shorter, 36-month financing plans.
Which Mexican States Have the highest Auto Financing Rates?
Auto financing rates differ significantly across Mexican states. Here are the top states with the highest rates of vehicle financing, according to the report:
| Place | State | Percentage |
|---|---|---|
| 1 | Tamaulipas | 82.6% |
| 2 | Sinaloa | 81.3% |
| 3 | Tamaulipas | 81.1% |
| 4 | Quintana Roo | 81.0% |
| 5 | baja California Norte | 79.6% |
| 6 | Puebla | 79.5% |
| 7 | Querétaro | 78.6% |
| 8 | Aguascalientes / Chihuahua | 78.3% |
| 9 | Sonora | 78.0% |
| 10 | Colima | 76.2% |
How Has the State-by-State Financing Landscape Changed?
The study notes changes in the distribution of auto financing across mexican states. The number of states with financing rates at or above 70% decreased from 21 to 13. Conversely, the number of states below the national average increased from 13 to 11.
What is the financing Prospect Index for the First Quarter of 2025?
The report estimates that approximately 15,491 new vehicles, representing 9.036 million pesos, could have been financed in the first quarter of 2025. The multi-purpose vehicle segment in Mexico City presents the most critically important chance for increased financing.
Where Can I Find More Detailed Data?
For more in-depth information and a full understanding of the data, refer to the original report by the Mexican Association of Automotive Distributors (AMDA) with data analysis from Hundred and Urban Science.