Weekly Wrap: Declining vehicle demand, increased NCOs may be on the horizon

<p>The average listing price on used vehicles surpassed $22,000 in April for the first time ever as inventory sat at 35 days’ supply. Eventually, prices may become too high to entice consumers to purchase. </p><p>Meanwhile, the future of another round of government stimulus support remains undecided, prompting subprime auto lenders to prepare for an imminent rise in delinquencies and net charge-off rates.</p>