Rising Car Loan Delinquencies: A Warning Sign for the U.S. Economy? The latest data reveals a troubling trend in the U.S. economy: 6.4% of subprime auto loans are now 60 days delinquent, the highest since the early 1990s. This surpasses rates seen during the 2008 financial crisis and the COVID-19 pandemic, signaling significant financial stress for many Americans. With average new car payments exceeding $700 monthly for nearly half of loans, the burden is palpable. Factors like a 5% rise in car