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News@lemmy.world · 16 hours ago

Americans are more underwater on their car loans than ever before

cross-posted to:
aboringdystopia@lemmy.world

87

Americans are more underwater on their car loans than ever before

return2ozma@lemmy.world to

News@lemmy.world · 16 hours 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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13 hours 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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  11 hours 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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