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That certainly would be par for the course. There's been much speculation that auto leasing might be a bubble. See: http://www.zerohedge.com/news/2017-03-29/si
by bogomipz 9y ago
That certainly would be par for the course. There's been much speculation that auto leasing might be a bubble. See:
http://www.zerohedge.com/news/2017-03-29/signs-auto-bubble-soaring-delinquencies-these-266-subprime-abs-deals-cant-be-good http://www.zerohedge.com/news/2017-03-29/signs-auto-bubble-s...
and
http://usa.streetsblog.org/2017/05/01/what-comes-after-the-auto-bubble/ http://usa.streetsblog.org/2017/05/01/what-comes-after-the-a...
- Spooky23 9y agoTotally. Auto financing is really scary. One of my dopey co-workers bought a BMW 5-series with an 84 month loan at 2%. $600/mo for 7 years for a car that will be upside down from day one.
- Neliquat 9y agoWhy they would loan longer than the warranty always puzzled me. There is a chance it may be not worth repairing by then.