Ahead of the Tape: Auto Sales Owe Loans Some Credit

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Ahead of the Tape: Auto Sales Owe Loans Some Credit

by WSJ Live 4:00 mins

Ahead of the Tape: Auto Sales Owe Loans Some Credit

by WSJ Live 4:00 mins

Nobody buys used cars these days—they're "preowned." Likewise, subprime loans are so 2007: They are more often referred to as "nonprime" now. While risky mortgages remain far harder to come by than before the financial crisis, the auto market is starting to resemble the good old days. In some ways, it is even better. Spencer Jakab joins MoneyBeat.

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