Many Americans are car poor from their auto loans. Here’s why.
https://www.washingtonpost.com/business/2024/10/16/underwater-car-loans-hit-new-record/?pwapi_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZWFzb24iOiJnaWZ0IiwibmJmIjoxNzI5MDUxMjAwLCJpc3MiOiJzdWJzY3JpcHRpb25zIiwiZXhwIjoxNzMwNDMzNTk5LCJpYXQiOjE3MjkwNTEyMDAsImp0aSI6IjczZTA5ZjNkLTVhM2EtNDk0ZC04OTY5LWE2ZmZkZmQ2YTI4NSIsInVybCI6Imh0dHBzOi8vd3d3Lndhc2hpbmd0b25wb3N0LmNvbS9idXNpbmVzcy8yMDI0LzEwLzE2L3VuZGVyd2F0ZXItY2FyLWxvYW5zLWhpdC1uZXctcmVjb3JkLyJ9.NB6uz9jhKzzrA3Yvdzn4gMLbdKrBpnDqpETYP_3vVgQ&itid=gfta
2 Comments
When hasn’t this been the case?
That’s not a new car, it’s a financial trap.