return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 2 months agoAmericans are more underwater on their car loans than ever beforeqz.comexternal-linkmessage-square37fedilinkarrow-up1162arrow-down18cross-posted to: news@lemmy.world
arrow-up1154arrow-down1external-linkAmericans are more underwater on their car loans than ever beforeqz.comreturn2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 2 months agomessage-square37fedilinkcross-posted to: news@lemmy.world
minus-squarebooly@sh.itjust.workslinkfedilinkarrow-up2·2 months agoMost people make a down payment so that their loan balance starts off being significantly lower than the value of the car.
Most people make a down payment so that their loan balance starts off being significantly lower than the value of the car.