Скачать или смотреть ‘Crazy’ auto loan payments of $1,000 or more: When will car market cool down?

Will those looking to buy a car ever catch a break? With interest rates around 7% and average monthly payments above $700, it has never been more expensive to buy and finance a new car while affordable used cars remain hard to find.

A glimmer of hope has arrived for hopeful buyers: According to a recent UBS report, global automakers are overproducing, which could lead to an excess of 5 million vehicles and price cuts to clear lots later this year. But a looming strike could throw a wrench in it all.

Full story: https://san.com/cc/crazy-auto-loan-pa...

00:00-00:42 Introduction
00:43-1:56 UAW Strike Threat
1:57-2:47 Will Car Prices Drop?
2:48-4:52 Are Buyers Overextending?
4:53-6:29 Where Are The Used Cars?
6:30-7:23 Auto Loan Delinquencies Rising

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