Home › Forums › Financial Markets/Economics › 5% down loans are baaaaaaaaaack…. › I suspect that delinquency
I suspect that delinquency rates are low because more people are driving older, paid-off cars. Average age of a car on US roads is the highest it’s ever been. Glad that Oh-bummer’s Cash for Clunkers didn’t really work in reducing that number!
http://money.cnn.com/2013/08/06/autos/age-of-cars/
