$ 150 for a TSLA for 24 hours. Great if you want to have a decent test drive in a car .....
• Following a month-on-month deterioration in October 2023, thenumber of auto loan accounts in arrears recommenced a generalupward trend that has emerged since the pandemic. As at October2023, auto loan accounts in arrears are 251% higher than October 2019 (i.e.,the pre-pandemic equivalent). Year-over-year, the number of accounts inarrears are 35.0% higher than October 2022. :scared:
hope tra not affected too much
equifax data dec update
Month-over-month for October 2023, the number of auto loan accounts inarrears have increased by +11.2%. A significant increase in the number ofaccounts in early stage arrears (1-29 DPD) was observed, up +25.1% monthover-month, somewhat offset by a -9.2% reduction in 30-59DPD arrears.
just a reflection of the cost of living crisis underway. so i guess its up on the base level which existed before the crisis satrted
Auto loans arrears rates historically creep up during the Christmas period. People buy hams and presents instead of making their car payments I guess.
Arrears will be going up for all asset funders but off a low base. Definitely tough times for a lot out there including SMEs
Hybrid cars in Japan on track to exceed half of all sales.
Canada confirms all new vehicles sold in 2035 must be electric
Still single buyers at the close in the low $4.50's despite an absence of depth support under that figure. Takes time after the Index inclusion flurry for market pricing to rebalance.
"Patience" is the word just now for former holders like me desiring to reenter.