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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (57641)8/12/2016 3:02:34 PM
From: robert b furman1 Recommendation

Recommended By
research1234

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Hi Paul,

FWIW, all of the scare tactics of prime auto loans is a bunch of bunk.

Those loans are made with surcharge fees reserved for repo losses.

Used vehicles are historically holding their value better than ever.

Auto's can be repo'd relatively easy and quickly.They have all but instant liquidity at historically very high values.It simply is not the real estate market which has no liquidity.

There is a great shortage of used vehicles in today's auto auctions and value are sky high.

A wave of repos would be generously greeted by dealers struggling to keep a nice front line of used vehicles.

JMHO

Bob
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