News@lemmy.worldEnglish · 1 year ago

An Auto Loan Debt Crisis Looks Imminent

www.automoblog.net

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An Auto Loan Debt Crisis Looks Imminent

www.automoblog.net

Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 1 year ago

168

cross-posted to:
collapse@lemmit.online

Car loan debt has ballooned, delinquencies are still rising, and major lenders are leaving the market. Is an auto loan debt crisis coming soon?

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AngryCommieKender@lemmy.world
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1 year ago
Used cars are still more expensive than their new counterparts, at least in San Diego. It’s almost cheaper to buy a classic car than a used car in many cases.

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