by Boo_Randy
As repo lots and dealerships fill up with cars that tapped-out debt donkeys can’t afford to buy, something is going to give.
Millions of upside-down car loans right now. It’s a standoff and someone has to blink because they are holding all those massively overvalued hard assets.
— Mark ‘never had a blue check’ Rechtin (@MarkRechtin) November 7, 2022