⚠️CHART OF THE WEEK: US auto repossessions hit the Great Financial Crisis levels

Another evidence that an average US consumer is struggling

Author

Global Markets Investor
March 29, 2025

In partnership with

THANK YOU FOR READING! PLEASE FIND OUT A 20% DISCOUNT FOR AN ANNUAL SUBSCRIPTION. EXPIRES IN 2 DAYS!👇

US car repossessions rose by 16% and hit 1.73 million in 2024, the highest since 1.77 million in 2009, the last year of the Great Financial Crisis.

Car repossession means a lender legally takes back a vehicle from a borrower who has defaulted on their loan payments.

Stay Informed, Without the Noise.

Your inbox is full of news. But how much of it is actually useful? The Daily Upside delivers sharp, insightful market analysis—without the fluff. Free, fast, and trusted by 1M+ investors. Stay ahead of the market in just a few minutes a day.

To put this differently, Americans are defaulting on their car loans as almost never before.

The share of subprime 60+ days delinquencies on auto loans surged to 6.56% in January, the most on record.

Furthermore, auto loans serious (90+ days) delinquency rates hit 3.0% in Q4 2024, the highest level in 14 years.

There are no signs of consumer recovery yet.

⚠US consumers' finances are getting worse

The share of Americans that would be able to cover $2,000 emergency expense is falling

globalmarketsinvestor.beehiiv.com/p/us-consumers-finance-are-getting-worse

INVESTMENT PORTFOLIO UPDATE (March 18, 2025)

Please find out an update about my market positioning - only for Founding Members

globalmarketsinvestor.beehiiv.com/p/investment-portfolio-update-march-18-2025

!!️US serious delinquencies on auto loans are skyrocketing

More evidence that the majority of US consumers are struggling

globalmarketsinvestor.beehiiv.com/p/us-serious-delinquencies-on-auto-loans-are-skyrocketing

If you find it informative and helpful, you may consider a paid subscription (or annual if subscribed), become a Founding Member, and follow me on Twitter or Nostr: