The Subprime Auto Bubble Just Burst: “Buyers Are Suddenly Missing From Showrooms”

Monday, April 2, 2018
By Paul Martin

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

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