If the government gave out guaranteed subsidized car loans of $70k to anyone and everyone, do you think average car prices would go down? The theory is that an

If the government gave out guaranteed subsidized car loans of $70k to anyone and everyone, do you think average car prices would go down? The theory is that anytime you subsidize anything, you tend to increase consumption of it. Increased consumption tends to increase price. It's unclear to me that is always the case in practice, but that's my layman's understanding.