Car loan debt has ballooned, delinquencies are still rising, and major lenders are leaving the market. Is an auto loan debt crisis coming soon?
  • Aux@lemmy.world
    11·
    1 年前

    No, remortgage your property at super low interest rate below inflation and then buy with the cash you got. This way you’re saving crap loads of money.

    • ryathal
      1·
      1 年前

      That’s even worse. Now you have your house on the line for a depreciating asset. It’s the depreciation that makes financing cars such a bad deal.

      • Aux@lemmy.world
        11·
        1 年前

        Only if you want to sell your house in a few years. If not, it’s a money printing machine.