Auto Loan Madness Proceeds As US Car Buyers Take On Record Debt, Lunatic Financing Terms, Zero Hedge
Auto Loan Madness Proceeds As US Car Buyers Take On Record Debt, Lunatic Financing Terms Way back in June, we noted that auto sales had reached 10-year highs on record credit, record loan terms, and record ignorance. We based that assessment on the following set of Q1 data from Experian: Average loan term for fresh…