‘Finances are getting tighter’: US Car Repossessions surge as more Americans default on auto loans

Bunchy Carter

I'll Take The Money Over The Honey
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Triple O.G. Bunchy Carter

Man how I suppose to bag broads whippin that:stopitslime:

You just have to customize your Kia Rio:

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Tupac in a Business Suit

Middle aged....Middle paid
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Harlem via Brooklyn
All new cars are to expensive, to complicated to fix, and the loan terms are to long.

People are getting 7 year loans, warranty runs out after 3, then shyts starts breaking. The first few repairs are minor things, then they get hit with a 8k trans replacement because the “lifetime fluid” in the trans really was not lifetime.

Now they have a car with $700 a month payments that they can’t afford to fix.

May as well default on the loan, go to a buy here pay here, and get another car.

Wash, rinse, repeat.
Agreed. Too much tech is definitely a thing and you will buy a used car with low mileage and still have a. Headache with basic maintenance.
 

⠀X ⠀

Geoff
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I used to drive Uber at night, back in like 2018. I used to see so many tow trucks dragging brand new cars at like 2 am.

So many people buy new cars that they have no business buying. A lot of them feel embarrassed by being in a car older than 10 years old.

I remember those days, trying to hide from the repo man… Now if I can’t buy it in cash, I simply can’t afford it.
 
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