Lee Duna@lemmy.nz to News@lemmy.worldEnglish · 11 months agoAn Auto Loan Debt Crisis Looks Imminentwww.automoblog.netexternal-linkmessage-square128fedilinkarrow-up1276arrow-down15
arrow-up1271arrow-down1external-linkAn Auto Loan Debt Crisis Looks Imminentwww.automoblog.netLee Duna@lemmy.nz to News@lemmy.worldEnglish · 11 months agomessage-square128fedilink
minus-squareryathal@sh.itjust.workslinkfedilinkarrow-up1·11 months agoThat’s even worse. Now you have your house on the line for a depreciating asset. It’s the depreciation that makes financing cars such a bad deal.
That’s even worse. Now you have your house on the line for a depreciating asset. It’s the depreciation that makes financing cars such a bad deal.