The Importance of Car Loans in the Economy

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The auto lending part and the second biggest purchases, right? That's what like the 50,000 foot level blood people don't think about. In December I was talking about how the car business You know lenders have just lost it and they're making these you know crazy loans to consumers that don't really make any sense. Since then all we see is tightening by the left andersI tweet about this constantly the lenders. It's just got a lot puffer to get a loan for a car period unless you have perfect credit Unless you are paying higher interest your your financing lower loan of value And so yeah I mean I pretty much spoke about it in December and it's just since then we

Car Dealership Guy joins the NIA boys to discuss EVs, Tesla, Auto Loans & Lease vs. Own, and much more

Timestamps:

(00:00:00) - Intro
(00:01:51) - Car Dealership Guy's Background Story
(00:03:22) - TLDR on the Importance of the Auto Industry to the Economy
(00:09:38) - Car Dealership Guy's approach to Twitter
(00:10:29) - The State of the Auto Industry's Inventory
(00:14:01) - Are there any differences between cars?
(00:16:22) - Inside look at the Used-Car Dealership Business
(00:19:29) - Pros and Cons of Online Car Shopping
(00:22:48) - Carvana Breakdown
(00:25:12) - Why you shouldn't buy used German cars
(00:28:58) - Are some cars more likely to be stolen?
(00:31:12) - Lease vs. Own
(00:34:48) - All Things Tesla
(00:43:38) - Rapid Fire Questions
(00:53:18) - Our Family Cars and First Cars

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