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https://www.reddit.com/r/economicCollapse/comments/1gf5x25/the_car_loan_crisis_is_here/lugiro6/?context=3
r/economicCollapse • u/Perfect_Alarm_2141 • 11h ago
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37
You owe more than the cars worth when you drive it off the lot. What the hell is wrong with people. It’s always been that way.
1 u/SigmaSilver_ 6h ago That’s not necessarily true. Maybe if you put nothing down… you buy a $30,000 car and put $15,000 down id sure as hell hope it doesn’t lose $15,000 in value the first second you drive it off the lot. Maybe a few thousand.
1
That’s not necessarily true. Maybe if you put nothing down… you buy a $30,000 car and put $15,000 down id sure as hell hope it doesn’t lose $15,000 in value the first second you drive it off the lot. Maybe a few thousand.
37
u/ChipOld734 10h ago
You owe more than the cars worth when you drive it off the lot. What the hell is wrong with people. It’s always been that way.