#2226. Collateral Value and Strategic Default: Evidence from Auto Loans

September 2026publication date
Proposal available till 30-05-2025
4 total number of authors per manuscript5020 $

The title of the journal is available only for the authors who have already paid for
Journal’s subject area:
Finance;
Accounting;
Economics and Econometrics;
Places in the authors’ list:
place 1place 2place 3place 4
FreeFreeFreeFree
1510 $1340 $1170 $1000 $
Contract №2226.1 Contract №2226.2 Contract №2226.3 Contract №2226.4
1 place - free (for sale)
2 place - free (for sale)
3 place - free (for sale)
4 place - free (for sale)

Abstract:
I study the impact of changes to collateral value on borrowers’ default decisions on auto loans in Asia. Changes in vehicle import tax rates and loan-to-value ratio caps on auto loans generated plausibly exogenous variation in the resale value of vehicles already pledged as collateral. I also find that collateral value is more important for borrowers with higher outstanding loan balances.
Keywords:
Auto loans; Collateral value; Strategic default

Contacts :
0