Agreed. All the credit arms of the manufacturers will be hit hard. I didn't mention this in my parent comment but you alluded to another great point. 60+ month

Agreed. All the credit arms of the manufacturers will be hit hard. I didn't mention this in my parent comment but you alluded to another great point. 60+ month loans can mean that those who drive more than 20k miles can use their car up before it's even paid for.