Lee Duna@lemmy.nz to News@lemmy.worldEnglish · 10 months agoAn Auto Loan Debt Crisis Looks Imminentwww.automoblog.netexternal-linkmessage-square171fedilinkarrow-up1278arrow-down15
arrow-up1273arrow-down1external-linkAn Auto Loan Debt Crisis Looks Imminentwww.automoblog.netLee Duna@lemmy.nz to News@lemmy.worldEnglish · 10 months agomessage-square171fedilink
minus-squareCmdrShepard@lemmy.onelinkfedilinkEnglisharrow-up1·10 months agoI cant imagine any reputable bank gave out a $35k loan on a $1200 car. That sounds like something a “buy here pay here” lot might so and they’ll just repo the car then resell it again.
I cant imagine any reputable bank gave out a $35k loan on a $1200 car. That sounds like something a “buy here pay here” lot might so and they’ll just repo the car then resell it again.