Americans face an auto loan crisis, with nearly 30% of used car owners owing more on their loans than their cars’ worth. This “negative equity” has created significant hurdles for car trade-ins, trapping many with vehicles they can’t afford to upgrade. According to Edmunds, the average deficit on these upside-down loans hit a record $6,458, reflecting a troubling financial strain for car buyers.
Auto Loan Crisis: 30% of Used Car Owners Underwater on Loans
| Source: | https://citizenwatchreport.com/auto-loan-crisis-30-of-used-car-owners-underwater-on-loans/ |
| Published: | Nov 2, 2024 |
| Author: | Horse |
| Post Date: | 2024-11-02 17:40:18 by Horse |
| Views: | 1046 |
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Jena Griswold breaks 2024 election in Colorado: Results will be 100% non- certifiable, warns Patrick Byrne
There has been "a leak of passwords in Colorado" that will render the 2024 election, at least in that state, "completely meaningless."
(I would just change my passwords. But these are Democrats and government workers.)
Horse posted on 2024-11-02 17:41:34 Reply Private Reply