Friday, July 19, 2024

"repos spike in 2024 as fewer Americans can pay their car loans"

By A Texas Reader
friday, july 19, 2024 at 01:51:27 p.m edt

https://www.thedrive.com/news/repos-spike-in-2024-as-fewer-americans-can-pay-their-car-loans

The hispanic couple that owns the janitorial firm responsible for cleaning my office building is not hurting.

The husband drives a $65,000 fully loaded gmc denali [McKinley] four-door pickup with 21-inch alloy rims and a mystic frosted white paint job.

Doing the job that I did while a high school student.



2 comments:

Anonymous said...

It's the damn car(and house)insurance that's a killer lately.People could afford car payments if the insurance hadn't blown up by at LEAST 40% the last two years total.

--GRA

Anonymous said...

Just going to have to afford to have something less. Maybe for the good of many.