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

153

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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CADmonkey@lemmy.world
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1 year ago
I bought an 81,000 mile F150 for $12k in january of 2022, it now has 100,000 miles and I’m pretty sure I could sell it for at least what I paid for it.

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