[RomanSoldier19]

[FlingWingFlyer]

Pedo Joe is going to have to “help us” by cancelling our car loans. This is gonna get expensive but it will get him reelected.

[cyclotic]

I’m fixing to buy my company car soon when I get a new one.

I’m paying cash

[ChuckHam]

The more people that go on the dole the fewer there are that can buy expensive cars. It’s a death spiral brought on by your socialist/fascist government.

[glorgau]

Hopefully a “crisis” will put some downward pressure on the ridiculous prices of new and used cars.

[patriot torch]

Iallegedly and the economic ninja have been warning of this for quite some time.

[ConservativeInPA]

Americans are also carrying a trillion dollars of credit card debt. No wonder no one gives a crap about government spending and the federal debt.

[mmichaels1970]

average new car payment in Q3 2023 reached $736 per month

Seriously?

[ClearCase_guy]

Car loans
Credit card debt
Mortgage rates
Education loans
Government debt

Recession coming up.

We’re surrounded by pools of oil and barrels of gunpowder. Just need a match to light it up.

[citizen]

Nah, can’t happen.

Stansberry Research say everyone has so much cash there can’t possibly be a recession. /s

[Colinsky]

Most car loans are doing fine. It’s the subprime loans that are in big trouble, but they’re a small part of the overall car loan industry.

[dfwgator]

Soon you won’t be able to get financing on ICE vehicles.

[ducttape45]

I’m glad my 26 year old car is bought and paid for.

[quantim]

The electric vehicle manufacturers hardest hit. Yawn.

[bert]

Meanwhile......... at auto auctions cars and trucks aren’t selling. Prices too high

[qaz123]

I guess it’s a good thing that the UAW just declared victory with their strike so cars will cost even more as the companies pass the increased costs onto customers. I’m sure it will only help the situation.

[GreenHornet]

There are a couple of places in my area that are in the business of offering “Car Title Loans.” Coincidently, they also sell used cars. (Gee, I wonder where they get their inventory?)

[dragnet2]

Car payments are no problem for professional politicians, like Congress who voted themselves a $35,000 raise on top of their $175,000 salary.

[Graybeard58]

108 month auto loans available.

I paid off a home mortgage quicker than that.

[NautiNurse]

At the end of Q2 2023, auto loan debt reached $1.58 trillion compared to $1.57 trillion in student loan debt.

Government car loan bailouts!

[Jim Noble]

If you owe the bank ten thousand and you can’t pay, you have a problem.
If you owe the bank ten million and you can’t pay, the bank has a problem.

We “owe the bank” >100 trillion. The bank has a BIG problem.

Hope the bankers have their bags packed.