Lee Duna to [email protected]English • 1 year agoAn Auto Loan Debt Crisis Looks Imminentwww.automoblog.netmessage-square156fedilinkarrow-up1283
arrow-up1277external-linkAn Auto Loan Debt Crisis Looks Imminentwww.automoblog.netLee Duna to [email protected]English • 1 year agomessage-square156fedilink
minus-square@[email protected]linkfedilinkEnglish55•1 year agoPeople in power will squeeze and squeeze. They’ll crank up the interest rates. They want you to default on the equity. Take your payments and your car. That’s how they make their money.
minus-square@[email protected]linkfedilink11•1 year agoHave to be sure they don’t repo a running usuable car, then.
minus-square@[email protected]linkfedilink5•1 year agoI understand the sentiment but please leave us decent cars on the used market.
People in power will squeeze and squeeze. They’ll crank up the interest rates. They want you to default on the equity. Take your payments and your car. That’s how they make their money.
Have to be sure they don’t repo a running usuable car, then.
I understand the sentiment but please leave us decent cars on the used market.