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Anyone else concerned about sub prime loans in autos?

One trend that I have noticed is that many younger Americans are still living with their parents rather than buying a house. Even if they move out they mostly are living in a rental as they cannot afford a home.

That said they still want a nice car or truck to drive.

My typical employee has owned either a newer or more expensive automobile or truck than I drive for years.

http://www.wealthdaily.com/articles/the-rise-of-the-subprime-auto-loan/4684

http://soberlook.com/2014/02/auto-loan-competition-heating-up.html

http://www.financialsense.com/contributors/sober-look/us-household-debt-first-increase-four-years

Household debt is again rising while most Americans net worth is falling. I guess if you are not feeling good about the future (due to your falling net worth and rising debt load) driving a nice new vehicle would sure help until your credit actually matters again.

This won't end well.

RtS