<![CDATA[JUST IN: US auto loans have exploded to $1.68 TRILLION.]]>JUST IN: US auto loans have exploded to $1.68 TRILLION. For the first time in history, car debt is bigger than credit card debt.

It now matches the total amount of U.S. student loans.

People are taking 7-10 year car loans just to afford a monthly payment.

The average American now pays $735/month just to own a car. That’s $88,200 over 10 years. On something that LOSES value every single day.

Meanwhile....

]]>https://board.circlewithadot.net/topic/1fc64d5f-b415-485e-b4fa-e7a1648ab6a2/just-in-us-auto-loans-have-exploded-to-1.68-trillion.RSS for NodeFri, 15 May 2026 10:22:16 GMTSat, 09 May 2026 18:48:58 GMT60<![CDATA[Reply to JUST IN: US auto loans have exploded to $1.68 TRILLION. on Sat, 09 May 2026 19:09:56 GMT]]>@collectifission @helioselene @FluentInFinance
Maybe also counting gas and insurance?

]]>https://board.circlewithadot.net/post/https://mastodon.social/users/dbrand666/statuses/116546194390020570https://board.circlewithadot.net/post/https://mastodon.social/users/dbrand666/statuses/116546194390020570Sat, 09 May 2026 19:09:56 GMT<![CDATA[Reply to JUST IN: US auto loans have exploded to $1.68 TRILLION. on Sat, 09 May 2026 19:07:34 GMT]]>@helioselene @FluentInFinance Obviously, but still.

]]>https://board.circlewithadot.net/post/https://greennuclear.online/users/collectifission/statuses/116546185114541952https://board.circlewithadot.net/post/https://greennuclear.online/users/collectifission/statuses/116546185114541952Sat, 09 May 2026 19:07:34 GMT<![CDATA[Reply to JUST IN: US auto loans have exploded to $1.68 TRILLION. on Sat, 09 May 2026 19:06:13 GMT]]>@collectifission @FluentInFinance

Including interest I guess.

]]>https://board.circlewithadot.net/post/https://h4.io/users/helioselene/statuses/116546179786836970https://board.circlewithadot.net/post/https://h4.io/users/helioselene/statuses/116546179786836970Sat, 09 May 2026 19:06:13 GMT<![CDATA[Reply to JUST IN: US auto loans have exploded to $1.68 TRILLION. on Sat, 09 May 2026 19:01:43 GMT]]>And Trump's tariffs will make cars in the US even more expensive.

Access Denied

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(www.cnbc.com)

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Trump's call for European Union car tariffs could mean higher prices on these brands

President Donald Trump plans to raise tariffs on cars imported from the EU to 25%, which could increase vehicle prices and what U.S. drivers pay.

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USA TODAY (eu.usatoday.com)

]]>https://board.circlewithadot.net/post/https://mastodon.online/users/oliver_schafeld/statuses/116546162093993812https://board.circlewithadot.net/post/https://mastodon.online/users/oliver_schafeld/statuses/116546162093993812Sat, 09 May 2026 19:01:43 GMT<![CDATA[Reply to JUST IN: US auto loans have exploded to $1.68 TRILLION. on Sat, 09 May 2026 18:56:28 GMT]]>@FluentInFinance Most of the time if your Uber or Lyft driver has a fancy vehicle, they are doing that job specifically to pay for the vehicle.

]]>https://board.circlewithadot.net/post/https://twit.social/users/MisuseCase/statuses/116546141474742375https://board.circlewithadot.net/post/https://twit.social/users/MisuseCase/statuses/116546141474742375Sat, 09 May 2026 18:56:28 GMT<![CDATA[Reply to JUST IN: US auto loans have exploded to $1.68 TRILLION. on Sat, 09 May 2026 18:53:31 GMT]]>@FluentInFinance And here I thought my €250 payment for 60 months was a lot.

$88k?? For a car??

]]>https://board.circlewithadot.net/post/https://greennuclear.online/users/collectifission/statuses/116546129827502750https://board.circlewithadot.net/post/https://greennuclear.online/users/collectifission/statuses/116546129827502750Sat, 09 May 2026 18:53:31 GMT<![CDATA[Reply to JUST IN: US auto loans have exploded to $1.68 TRILLION. on Sat, 09 May 2026 18:49:30 GMT]]>Car prices are up 35%+ since 2020 and repossession rates hit a 30-year high last year.

Let that sink in.

The "American Dream" is being sold back to you on high-interest debt.

]]>https://board.circlewithadot.net/post/https://mastodon.social/users/FluentInFinance/statuses/116546114065791449https://board.circlewithadot.net/post/https://mastodon.social/users/FluentInFinance/statuses/116546114065791449Sat, 09 May 2026 18:49:30 GMT