return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 14 days agoAmericans are more underwater on their car loans than ever beforeqz.comexternal-linkmessage-square37fedilinkarrow-up1162arrow-down18
arrow-up1154arrow-down1external-linkAmericans are more underwater on their car loans than ever beforeqz.comreturn2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 14 days agomessage-square37fedilink
minus-squarebooly@sh.itjust.workslinkfedilinkarrow-up2·14 days agoMost people make a down payment so that their loan balance starts off being significantly lower than the value of the car.
Most people make a down payment so that their loan balance starts off being significantly lower than the value of the car.