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cm0002@lemmy.world to United States | News & Politics@midwest.social · 11 days ago

They’re Skipping Car Payments; That’s The Final Warning Sign

www.forbes.com

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They’re Skipping Car Payments; That’s The Final Warning Sign

www.forbes.com

cm0002@lemmy.world to United States | News & Politics@midwest.social · 11 days ago
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Auto loan delinquencies just hit a 15-year high. Consumers are skipping car payments, signaling deeper financial stress. Markets haven’t priced it in yet.

https://archive.ph/ekOj3

  • 😈MedicPig🐷BabySaver😈@lemmy.world
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    11 days ago

    Own a Tesla? Want to get rid of it? Stop paying. Let them repo.

    Then a few months later. File personal bankruptcy. It doesn’t hurt anywhere near what most think.

    • SharkAttak@kbin.melroy.org
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      11 days ago

      Even better, press auto-pilot and let it auto-crash, then cash in insurance.

      • 😈MedicPig🐷BabySaver😈@lemmy.world
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        11 days ago

        Meh, I think insurance will investigate and deny.

        • funkless_eck@sh.itjust.works
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          11 days ago

          the auto pilot turns off seconds before a crash

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