Experian Automotive says loans to customers in the nonprime, subprime and deep-subprime risk tiers accounted for 25.41% of new vehicle loans in Q2 2012 – up 14% compared to Q2 2011. The numbers were at 24.49% in Q2 2008, just prior to the financial market crisis. Lenders are still taking a cautious approach, keeping loan-to-value ratios lower than they were a year ago.
