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the internet says auto loan debt is 1.65 trillion dollars
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Date: April 28th, 2025 5:12 PM Author: Covid was a Hoax is that actually right (http://www.autoadmit.com/thread.php?thread_id=5717682&forum_id=2Elisa#48888155) |
Date: April 28th, 2025 5:17 PM Author: ;..........,,,...,,.;.,,...,,,;.;. sounds plausible. is that for just the US? that's only 15k per loan avg if there are 100 million loans. and that seems possible given that everyone is driving new 65k cars to doordash or turo. you don't really see beater cars anymore. (http://www.autoadmit.com/thread.php?thread_id=5717682&forum_id=2Elisa#48888170) |
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Date: April 28th, 2025 7:00 PM Author: Covid was a Hoax yeah the us. still seems like a lot. (http://www.autoadmit.com/thread.php?thread_id=5717682&forum_id=2Elisa#48888474) |
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Date: April 28th, 2025 7:02 PM Author: tarrifs People should just buy a car for cash and drive it for 15 years (http://www.autoadmit.com/thread.php?thread_id=5717682&forum_id=2Elisa#48888479) |
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Date: April 28th, 2025 9:03 PM Author: buck naked (http://www.autoadmit.com/thread.php?thread_id=5717682&forum_id=2Elisa#48888807) |
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Date: April 28th, 2025 7:45 PM Author: Trump is the first woman President (TT6) yes https://fred.stlouisfed.org/series/MVLOAS
totally sustainable |
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Date: April 28th, 2025 7:49 PM Author: shitlib shibboleth It is insane how willing people are to take on auto debt. If you drive through Queens you see $65K Hellcats and Yukon trucks and shit parked outside of ridiculous favela looking housing. I have never had a car loan above 2% and never will. Borrowing money to buy a depreciating asset is rarely a wise move unless it is generating income. (http://www.autoadmit.com/thread.php?thread_id=5717682&forum_id=2Elisa#48888607) |
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Date: April 28th, 2025 7:50 PM Author: Pierbattista Pizzaballa Yeah, but it’s spread out over 120 months (http://www.autoadmit.com/thread.php?thread_id=5717682&forum_id=2Elisa#48888610) |
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Date: April 28th, 2025 7:56 PM Author: Diane Rehm talking dirty (🐿️ ) What the LTV ratio? (http://www.autoadmit.com/thread.php?thread_id=5717682&forum_id=2Elisa#48888630) |
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Date: April 28th, 2025 7:59 PM Author: shitlib shibboleth Average LTV for used cars is 125% now, it’s unclear what it is for new purchases given rapid depreciation, but it’s definitely north of 100%. It is insane. (http://www.autoadmit.com/thread.php?thread_id=5717682&forum_id=2Elisa#48888633) |
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Date: April 28th, 2025 7:59 PM Author: Pierbattista Pizzaballa We deserve everything we’re gonna get (http://www.autoadmit.com/thread.php?thread_id=5717682&forum_id=2Elisa#48888635) |
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Date: April 28th, 2025 8:11 PM Author: Trump is the first woman President (TT6) and then some more (http://www.autoadmit.com/thread.php?thread_id=5717682&forum_id=2Elisa#48888660) |
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Date: April 28th, 2025 8:10 PM Author: Trump is the first woman President (TT6) Americans are retarded. Even if you give them the car back, you are still on the hook LJL. |
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Date: April 28th, 2025 7:59 PM Author: Pierbattista Pizzaballa Furked (http://www.autoadmit.com/thread.php?thread_id=5717682&forum_id=2Elisa#48888634) |
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Date: April 28th, 2025 9:04 PM Author: blow off some steam lol who cares (http://www.autoadmit.com/thread.php?thread_id=5717682&forum_id=2Elisa#48888813) |