The Washington Post

Many Americans are car poor from their auto loans. Here’s why.



Nearly 1 in 4 consumers owe more on such loans than the vehicle is worth, pushing the national average for upside-down balances to a record high north of $6,400.



Source link : https://www.washingtonpost.com/business/2024/10/16/underwater-car-loans-hit-new-record/

Author : Michelle Singletary

Publish date : 2024-10-16 11:00:00

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