[quote=spdrun]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!
My litmus test is my car detailer. It’s almost impossible to get him recently without 6 weeks advanced notice, starting about 4-5 months ago. I asked him what’s going on? He says, he’s been too busy… a lot of people with new cars. He’s kinda an older guy, and tells me I can’t believe who is financing these cars”….
