Unscrambling the U.S Auto Debt Explosion #infographic

Unscrambling the U.S Auto Debt Explosion #infographic

Owning a car would make life a lot simpler. Yet while cars have become a modern necessity, it's a expensive amenity for many. This chart, courtesy of CarPaymentCalculator.net, illustrates how automobile debt has grown exponentially due to rising vehicle prices, longer lending terms, and consumers increasingly opting to trade in negative-equity vehicles.
Unscrambling the U.S Auto Debt Explosion #infographic

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