Скачать или смотреть Paying for 12 Years, Driving for 3: The Broken Incentive Trap

In this video, we dive deep into the *144-month trap**, a growing financial phenomenon that is fundamentally changing what it means to "buy" a car. We explore why consumers are increasingly taking out **12-year car loans* on vehicles they will likely replace in just three years.

The core of the issue lies in a *"broken incentive"* structure within the automotive industry. Dealerships have shifted their primary focus; they are no longer just selling cars, but are instead **writing loans to be securitized and sold to investors**. This creates a massive **"negative equity" trap**, where the buyer owes significantly more than the vehicle is worth, often for the entire duration of their possession.

We will deconstruct how this system fosters an **illusion of vehicle ownership**, where the primary goal of the transaction is to generate debt products for financial markets rather than to facilitate the actual purchase of an asset.

Trying to achieve true vehicle ownership with a 144-month loan is like **trying to fill a bucket with a hole in the bottom**; no matter how much money you pour into your monthly payments, the value of the asset drains away faster than you can build equity, leaving you perpetually empty-handed.