Market Recap: Banking Crisis, Cars and Financial Armageddon
Wealthion - Be Financially Resilient
00:00
Impact of Economy and Interest Rates on the Car Market
This chapter explores how used car dealers are affected by fluctuating interest rates and car values, leading to increased repossession risks and potential business closures. It also discusses the rise in car repossessions at auctions, including those from major banks like Wells Fargo and Capital One.
Transcript
Play full episode
