Are Car Prices Headed Down? | Yossi Levi
Thoughtful Money with Adam Taggart
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Challenges and Risks in the Auto Industry
Exploring the rise of delinquencies in auto loans, tightening credit availability, concerns over negative equity, and the impact of increasing costs on car ownership. The chapter delves into issues like insurance fraud, rising insurance premiums, maintenance expenses, and the surge in auto thefts affecting the industry. It discusses the evolving landscape of car prices, sales volumes, margin compression, and the growing popularity of leasing amidst these challenges.
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