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As I understand one of the primary reasons is also that people do not finish the previous car payments and just roll them forward to the next new car. Dealershi
by moltar 1y ago
As I understand one of the primary reasons is also that people do not finish the previous car payments and just roll them forward to the next new car. Dealerships and loan makers of course enable that behaviour.
- toomuchtodo 1y agoIndeed, this is a "negative equity rollover." The economic distress compounds. https://www.cnbc.com/2025/09/14/underwater-car-trade-ins-are-at-a-4-year-high-what-that-means-when-buying-a-new-vehicle.html https://www.cnbc.com/2025/09/14/underwater-car-trade-ins-are...