A typical fart is like 25% hydrogen…
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Explain Please
Dang it… you beat me to the image… here’s my version:
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But searching is half the fun! 
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Muscle memory
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Most auto loans are securitized and sold off to my knowledge.
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John Oliver’s piece on the auto lending market is a good watch, commentary disagreements not-withstanding. Actually one of the things that dragged me into finance.
For explanations interest, loans are traded through a few different methods, GMF actually made a handy explanation so I don’t type it out.
While you have a few points, to point blank say they aren’t traded is just not true. Cars are only the second biggest purchase in the American dream. Little digging and you’ll find the SEC disclosures and ratings for them or check out the ticker GMREV.
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Yabba dabba doo!
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Interesting. My point was that they are not actively traded in highly leveraged way to my knowledge.
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my other points still stand
If anything is traded best believe their is some part of the market where it’s leveraged
#YouAreACustomer
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I may have missed your other points, but loan, debt and bond-based collateralized securities have been around forever as CDO, MBS, CLO, ABS and CBO securities. Auto loans, mortgages, corporate debt, student loans and even credit card debt can and are pooled then sold off all the time.
Where are the pooooooorsche buyers
Especially all those idiots who tried to replicate the $500 a month but settled for 900+ 
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