2017+
Performance History
Monthly
Update Cycle
Metric-level
Population & Denominator
Latest Public Performance Snapshot
Selected aggregate measures from LoanTape's published Auto ABS research. Observation periods differ by metric and are shown explicitly.
| Metric | Segment | Observation | Value | Definition |
|---|---|---|---|---|
| 30+ days past due | Prime auto loans, FICO 660+ | May 2026 | 1.63% | Balance-weighted share of outstanding auto loan principal 30 or more days past due; leases excluded. |
| 30+ days past due | Subprime auto loans, FICO below 660 | May 2026 | 16.21% | Balance-weighted loan-only measure using eligible balances in the approved May reporting build. |
| Active extension rate | All eligible loans | April 2026 | 0.93% | Point-in-time share of eligible active loans reporting an active payment extension. |
| Loss to liquidation | Subprime auto loan trusts, Q3 2023 cohort | Month 30 | 19.1¢ | Cumulative net losses divided by cumulative principal reduction. |
Why the dates differ: delinquency can update when a reporting month is broadly complete. Extensions require an eligible-loan panel. Loss-to-liquidation drops the newest observations while recoveries settle. A single artificial “as of” date would make the table look cleaner and the analysis worse.
Source and Methodology
The source is public. The work is making it comparable.
Source layer
LoanTape parses the EX-102 asset data files attached to SEC Form ABS-EE submissions, preserves official Schedule AL field names, and maps issuer filings into a normalized analytical schema. The SEC's Form ABS-EE guidance is the authoritative filing reference.
Aggregation rules
Metrics shown here are derived from published LoanTape analyses. Each one states its population, segment, denominator, weighting convention, and observation window. Prime is FICO 660+ at origination unless a linked methodology says otherwise; all four current observations exclude leases.
Coverage controls
Issuer panels are checked for reporting completeness before pooled metrics publish. Cohort analyses use fixed panels where needed so a curve does not improve simply because a trust was called or stopped reporting.
Reproduce the snapshot
The public CSV snapshot contains each metric, observation period, unit, definition, and source article. Detailed field coverage is documented on the ABS-EE data page.
Latest Auto ABS Research
Dated research pages preserve the monthly record. This tracker remains the stable URL that ties them together.
The Exits Closed: Why Auto Delinquencies Last Longer
Loan-level ABS data shows delinquent auto loans staying delinquent. Repossessions halved since 2018 while cash collections stayed flat.
Prime Auto Loses Almost as Much per Default as Subprime
Prime auto ABS loss given default hit 65% in 2023, above subprime. Prime's real advantage is frequency, not severity.
Auto ABS Loss to Liquidation: 2022-23 Owns the Peak
Subprime auto ABS loss to liquidation peaked at 19.1% for the 2023-Q3 cohort. New loss triangles show where every vintage sits, 2017 to today.
Prime Auto's May Delinquency Jump Was Broad, Not One Lender
An earlier partial-panel read on May 2026 Auto ABS delinquency, retained with a correction linking to the approved complete-month loan-only rates.
May Auto ABS Nowcast: Prime Moves Too Far
May 2026 Auto ABS nowcast shows prime 30+ DQ up 21 bps, its largest monthly move in LoanTapeData FICO history since 2017.
Subprime Auto Extensions Are Rising Fastest at High LTV
Subprime auto ABS extension rates rose across every LTV bucket since 2018-19, but fastest at 130%+ LTV, where monthly extensions now hit 3.0%.
Move from the Snapshot to the Loan Tape
Use the public tracker for market context, then open the dashboard for issuer, vintage, FICO, transition, and geographic cuts.