Presenting The Next Great Source Of Middle Class Prosperity

On the heels of yesterday's news that auto sales blew away expectations in May, posting their largest MoM increase since November 2013 on the back of record numbers across-the-board for financing (including average new car loan terms of 67 months and record high average payments of $488/month), we present the reincarnation of the home equity loan.

With PNC's "cash out auto loan," you can put your vehicle "to work" by pledging it as collateral for a cash loan.

Welcome to the Great American auto bubble, now at PNC soon at every bank near you.