CNW Research says subprime auto loans totaled just under $9B in 2010, marking a comeback from $8.3B in 2009. The company says about 1.27 units were financed with subprime loans, representing about 7.6% of the used-car market.
CNW Research says subprime auto loans totaled just under $9B in 2010, marking a comeback from $8.3B in 2009. The company says about 1.27 units were financed with subprime loans, representing about 7.6% of the used-car market.