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Content
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Giuliano Giacaglia
@giu
33% of Americans who financed their cars now owe more on their loans than the vehicle is worth! πŸ“‰πŸ“‰πŸ“‰
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Papajams
@papa
Awesome stat, there’s a tik tok dude that buys cars that specialises in these situations - post covid shortage in cars // buying behaviour coming back to bite 100 $degen 30 $hunt 10 $00 πŸ– x 100 10 $build 5 $fomo 5 🎭 @tipothehat πŸ”₯πŸš€πŸŽ©
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Stuart
@olystuart
Is that atypical? I know for us, the car was listed about 21k, total cost of loan was about 30k, and right after buying it was probably worth several k less than 21. So even after over a year of payments I'm underwater and that's just the normal car loan process.
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J Finn 🎩
@jdotfinn
wow, has something like this happened before?
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