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Car Loans Are Market Based, and That's Ok
We are about to see something very similar that we saw on the housing market happen in the car market. So you have a bunch of people right now driving around cars they bought last year. At a 20 to 30 % over m s r p. Ande car loans are market based, and the reason why they give out a loan is tha they can always repoy the car. Here's the problem, if this becomes a big enough issue, it could become politically expedient to come out and be a pol ons. But what ends up happening? The marke et never correct.