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News@lemmy.world · 1 month ago

Americans are more underwater on their car loans than ever before

cross-posted to:
aboringdystopia@lemmy.world

112

Americans are more underwater on their car loans than ever before

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News@lemmy.world · 1 month ago

cross-posted to:
aboringdystopia@lemmy.world

An increasingly large number of Americans owe more on their auto loan than their car is worth

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Semi-Hemi-Lemmygod@lemmy.world
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1 month ago
Can confirm. Went to look at a car and it had mud in the undercarriage.

Checked the Carfax in the car and it didn’t mention flood damage.

Bought my own Carfax and found out it had been in a flood.

Lesson: Always buy your own Carfax
- Zorsith
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  1 month ago
  I’ve heard pulling the seat belt all the way out is also a tell for flood/hurricane cars, mold/mildew

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