In this engaging discussion, Peter Simon, Co-head of U.S. Financials, provides insights on consumer credit trends and rising repossession rates. Todd Duvick, Head of Autos, explores vehicle pricing and the impact of tariffs on affordability. Jory Eisenberg, a Special Situations analyst, delves into the used-car market and financing challenges. Together, they tackle the implications of 2022 vintage loans, the operational contrast between Carvana and CarMax, and the current stability in the auto sector, concluding that systemic risk remains unlikely.
