News@lemmy.worldEnglish · 2 years ago

An Auto Loan Debt Crisis Looks Imminent

www.automoblog.net

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An Auto Loan Debt Crisis Looks Imminent

www.automoblog.net

Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 2 years ago

156

Car loan debt has ballooned, delinquencies are still rising, and major lenders are leaving the market. Is an auto loan debt crisis coming soon?

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LifeOfChance@lemmy.world
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2 years ago
The place I’m going through will take the old engine once it’s out and refurbish it if they can or part out if the components are good. Personally I think they’ll scrap it as it’s over 150k miles

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