“People owe a lot more on their homes than what they were actually worth.” We heard this a lot during the housing crisis years ago. Now, some sources are saying the exact same thing about subprime loans for auto. Scott Adams, President of Adams Automotive Group in Kansas City, told CNBC’s Power Lunch that he’s not really seeing a concern at all. In fact, he figures the market is fairly healthy.
Watch the full interview with Scott Adams from CNBC: https://video.cnbc.com/gallery/?video=3000623251&play=1