Good Luck Getting Out Of That Subprime Auto Loan When Used Car Prices Crash
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Title : Good Luck Getting Out Of That Subprime Auto Loan When Used Car Prices Crash
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Title : Good Luck Getting Out Of That Subprime Auto Loan When Used Car Prices Crash
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newstoday-ok.blogspot.com ~We've written frequently in recent months about the coming subprime auto crisis which will very likely be prompted by a wave of off-lease vehicles that will flood the market with used inventory over the coming years. In fact, Morgan Stanley recently predicted that the surge in used inventory could result in as much as a 50% crash in used car prices over the next couple of years which would, in turn, put further pressure on the new car market which has already resorted to record incentive spending to maintain volumes.
Here are just a couple of our most recent notes on the topic:
Signs Of An Auto Bubble: Soaring Delinquencies In These 266 Subprime ABS Deals Can't Be Good
New Warning Signs Emerge For Subprime Auto Securitizations
Auto Lending Update - Someone Please Explain How This Is Not A Bubble
Of course, while pretty much anyone has been able to purchase that brand new BMW of their dreams over the past 5 years...courtesy of a surge in subprime lending volumes....
More
Here are just a couple of our most recent notes on the topic:
Signs Of An Auto Bubble: Soaring Delinquencies In These 266 Subprime ABS Deals Can't Be Good
New Warning Signs Emerge For Subprime Auto Securitizations
Auto Lending Update - Someone Please Explain How This Is Not A Bubble
Of course, while pretty much anyone has been able to purchase that brand new BMW of their dreams over the past 5 years...courtesy of a surge in subprime lending volumes....
More
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You are now reading the article Good Luck Getting Out Of That Subprime Auto Loan When Used Car Prices Crash With link address https://newstoday-ok.blogspot.com/2017/06/good-luck-getting-out-of-that-subprime.html