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News@lemmy.world · 15 days ago

Americans are more underwater on their car loans than ever before

cross-posted to:
aboringdystopia@lemmy.world

107

Americans are more underwater on their car loans than ever before

return2ozma@lemmy.world to

News@lemmy.world · 15 days ago

cross-posted to:
aboringdystopia@lemmy.world

An increasingly large number of Americans owe more on their auto loan than their car is worth

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Rhaedas@fedia.io
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15 days ago
It is a big “caveat emptor” flag for sure. I had a bit more info on the car in question than a blind auction, and I’m experienced enough to work on my own stuff. Good additional point, it’s not for everyone.

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