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Auto-Loan Balances, Debt-to-Income Ratio, Serious Delinquencies for Subprime & Prime in Q1 2025: Our Drunken Sailors and their Auto Loans
wolfstreet.com/2025/05/16/auto-loan-balances-debt-to-income-ratio-serious-delinquencies-for-subprime-prime-in-q1-2025-our-drunken-sailors-and-their-auto-loans
Something rare occurred: Despite highest new & used vehicle sales in years, auto loan balances fell. More people paid cash to dodge the interest rates?
By Wolf Richter for WOLF STREET.
Total balances of auto loans and leases for new and used vehicles fell by $13 billion, or by 0.8%, in…
This story appeared on wolfstreet.com, 2025-05-16 16:51:09.