8.2% jump in November of Deep Subprime borrowers . . . are 60 days past due

We’re getting closer to a big wave of auto repossessions.

November auto loan data shows a *very notable* jump in percent of Deep Subprime borrowers that are 60 days past due 🥴 (8.2%, to be exact!)

Here’s the breakdown:

— CarDealershipGuy (@GuyDealership) December 26, 2022

Buy an Oil Tanker

The deuce you say? Who couldn't see this coming?   https://t.co/CPkc0cHvCn

— Tom Luongo (Give Deflation a Chance!) (@TFL1728) December 6, 2022