Cruise Controls or Smoke Signals
Moody's Talks - Inside Economics
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Trends in Auto Financing and Market Dynamics
This chapter explores recent shifts in auto financing and leasing, focusing on tax credits and interest rates that may drive consumers towards loans. It analyzes the limited impact of tax deductions on boosting financing among lower-income individuals and discusses the significant role of new vehicle sales in the economy. The conversation also covers trends in both new and used vehicle markets, underscoring their respective influences on GDP and consumer behavior.
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