The Subprime Auto Bubble Just Burst: “Buyers Are Suddenly Missing From Showrooms”
by Tyler Durden
ZeroHedge.com
Mon, 04/02/2018
It was less than a month ago when we showed a series of “10 charts revealing an auto bubble on the brink”,and which laid out several very troubling trends, including i) the average new vehicle loan hit a record high $31,099; ii) the average loan for a used auto climbed to a record high $19,589…
… iii) the average monthly payment for a new and used vehicle hitting an all-time high of $515…
The Rest…HERE