• 11/15/2024

Many Americans are car poor from their auto loans. Here’s why.

Washington Post

Nearly 1 in 4 consumers owe more on such loans than the vehicle is worth, pushing the national average for upside-down balances to a record high north of $6,400.

https://www.washingtonpost.com/business/2024/10/16/underwater-car-loans-hit-new-record/