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News@lemmy.world · 1 year ago

Americans are more underwater on their car loans than ever before

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Americans are more underwater on their car loans than ever before

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News@lemmy.world · 1 year ago

An increasingly large number of Americans owe more on their auto loan than their car is worth

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1 year ago
Can confirm. Went to look at a car and it had mud in the undercarriage.

Checked the Carfax in the car and it didn’t mention flood damage.

Bought my own Carfax and found out it had been in a flood.

Lesson: Always buy your own Carfax

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