Everyone's totally overthinking an auto-loan 'bubble'

If you follow the car industry, then you know that in the past two years a lot of red flags have been raised about loosening auto-lending standards.
At first, all the worry was focused on so-called subprime loans, in which the borrower has a less than great — but often not terrible — credit score. Basically, anything under a 640 FICO, with truly "prime" being borrowers who are in the 750 ballpark.
Comparisons were made with the housing-market meltdown, but subprime home lending