|
|
|
|
|
by johng
136 days ago
|
|
I've been a car guy since I was a kid. I've been doing car forums since 2001... many of them Dodge/Chrysler/RAM. Very very few people that were fans of those brands were happy with the Electric offerings. The news of internal combustion engines coming back has been well received in the 'enthusiast' market at least. My first site was a Neon SRT4 forum.. so we aren't just talking big V8's here either. Turbo 4's, N/A V6's, etc.. just the electric stuff didn't hit their particular fan base well. I of course only do forums for enthusiast stuff... it's hard to build a forum around minivans, though they are out there. |
|
Record number of subprime borrowers miss car loan payments in October, data shows - https://www.reuters.com/business/autos-transportation/record... - November 12th, 2025
Driven to Default: The Economy-Wide Risks of Rising Auto Loan Delinquencies - https://consumerfed.org/reports/driven-to-default-the-econom... - September 10th, 2025
> Auto finance is at a breaking point, as Americans owe over $1.66 trillion in auto debt. Delinquencies, defaults, and repossessions have shot up in recent years and look alarmingly similar to trends that were apparent before the Great Recession. Cars are more expensive than ever, due in part to economic factors, but also due to the fraught experience of buying and financing a car. Dealers and lenders have long engaged in deceptive and predatory practices that jack up prices for car buyers in order to line their pockets. This auto finance crisis is happening just as our nation’s federal watchdogs–the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) – have taken significant steps back from oversight and enforcement of predatory practices in the auto market.
(day job is in consumer finance)