This. I anecdotally seen this happen to my wife's friends. Long story short, their credit is shot so they are forced to either purchase car by cash ( they seemi

This. I anecdotally seen this happen to my wife's friends. Long story short, their credit is shot so they are forced to either purchase car by cash ( they seemingly can't ) or go to one of those places that will give them a car loan at ridiculous rate and installed with gizmos to allow easy repossession once payment is missed. << What needs to happen is better consumer protection to prevent americans buying cars on finance that they are never going to be able to afford. I think you would have everyone and their mother fighting against this saying you need freedom to make stupid decisions. Even I am personally on the fence. You do need better protections, but you need to have an ability to make your choices ( and in US - not having a car is not really a valid solution ).