Latest Experian data on Q1 new vehicle leases/loans

[rcjordan]

-19% of loans >$1k a month (up 17% YoY)
-74% of those >$1k monthly loans are for non-luxury makes, particularly full-size pickup trucks.
-Average monthly payment now $770.
-Both 30- and 60-day delinquencies up. 

h/t bsky