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The delayed day of reckoning has arrived for millions of Americans who purchased vehicles during the pandemic auto boom. Many are now finding themselves trapped in a shitstorm of negative equity and burdened by costly monthly payments, all while low- and mid-tier consumers face mounting financial strain amid elevated inflation and high interest rates.

Before we dive into the new auto data, let's revisit our latest coverage of the slow-rolling auto crisis: . .

Source (zerohedge.com)

>The delayed day of reckoning has arrived for millions of Americans who purchased vehicles during the pandemic auto boom. Many are now finding themselves trapped in a shitstorm of negative equity and burdened by costly monthly payments, all while low- and mid-tier consumers face mounting financial strain amid elevated inflation and high interest rates. >Before we dive into the new auto data, let's revisit our latest coverage of the slow-rolling auto crisis: . . [Source](https://www.zerohedge.com/markets/nearly-40-cars-financed-2022-are-underwater)
[–] 1 pt

It's all the jewsury.

How the heck is it legal to give someone an 84 month car loan?