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Used car market implodes on bad loans…


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2022 Jul 2, 12:48pm   14,845 views  99 comments

by Ceffer   ➕follow (5)   💰tip   ignore  

"The used car market is on the brink of an auto loan collapse that can shake the entire industry.

I am shocked that more people are not talking about this!

We are facing a 2008-ish scenario in the used car market and honestly, it's a disaster waiting to happen."
"My beautiful Monster Truck! Melting, Melting!" Couldn't afford the gas prices for the sucker, anyway. My self image driving Mom's old Prius will really suffer.

https://threadreaderapp.com/thread/1542860348742836225.html

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99   GNL   2023 Mar 21, 10:21am  

I had the transmission rebuilt in a 2004 Accord at 160,000. $2,500. I got another 80,000 out of it and gave it to my daughter. The engine was in great working order and all systems and electronics worked perfectly.

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