Bad-Loans Hit Record-High As Used-Car Prices Suffer Worst Bear-Market Ever
Zero Hedge -

Bad-Loans Hit Record-High As Used-Car Prices Suffer Worst Bear-Market Ever A bear market in the used car market was confirmed in November and has since worsened through April. At the same time, negative equity values are hitting new record highs while auto insurance rates have soared the most since the mid-1970s. While gas prices at the pump are elevated, the environment to operate a vehicle is probably one of the worst ever. Just listen to Gen-Z and millennial users on X bitch and...

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