Sub-prime borrowers are buying completely different cars than everyone else, at least according to data gathered by Carfinance.com. This financing company that specializes in helping "below-prime" borrowers finance their car purchases looked at data gathered from between October 2012 and March 2013. According to their numbers, the top 10 new cars bought by sub-prime borrowers during that time are as follows.
Speaking of which, the Ram pickup also tops the list of top 10 used vehicles purchased by sub-prime borrowers (below), which also includes fullsize pickups from Ford and Chevy, as well as the lone example of what might be considered a less-than-practical purchase on either list, the Ford Mustang. The list of top used vehicles also shows that buyers are getting more car for their money, moving up to mid- and fullsize cars with nary a compact in sight.
- Dodge Avenger
- Kia Forte
- Kia Optima
- Chrysler 200
- Dodge Journey
- Ford Focus
- Ram 1500
- Nissan Sentra
- Nissan Versa
- Kia Sorento
Speaking of which, the Ram pickup also tops the list of top 10 used vehicles purchased by sub-prime borrowers (below), which also includes fullsize pickups from Ford and Chevy, as well as the lone example of what might be considered a less-than-practical purchase on either list, the Ford Mustang. The list of top used vehicles also shows that buyers are getting more car for their money, moving up to mid- and fullsize cars with nary a compact in sight.
- Ram 1500
- Nissan Altima
- Ford F-150
- Dodge Charger
- Chevy Silverado
- Chevy Impala
- Chevy Malibu
- Toyota Camry
- Chrysler 300
- Ford Mustang
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