Used Car Prices Plunge, Subprime Auto Loan Delinquencies At 22-Year High

Last week, used car prices had their biggest drop since 2009 – directly after the financial market meltdown of 2008.

And right now, the auto market is showing signs of incredible worry. Delinquent subprime auto-loans are higher than they were in the last recession. Look for yourself. . .

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