Americans are more underwater on their car loans than ever before

qz.com

cross-posted to:
aboringdystopia

Americans are more underwater on their car loans than ever before

qz.com

@return2ozma to

News • 12 hours ago

cross-posted to:
aboringdystopia

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

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@garretble
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49•12 hours ago
When cars that should cost $20-30,000 now cost $40-60,000, that’ll happen.
- @nichos
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  1•5 hours ago
  That’ll happen as long as people keep buying them.

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