IT'S BEGUN! The Car Loan CRISIS Just Got Real

Описание: The car loan crisis is getting scary… [GIVING UP]
IT’S OVER! The car loan crisis just got real…
Auto loan debt is the highest it’s ever been, the growth of the debt is the alarming bit.
1/5 borrowers having a car loan over $1000 per month
22% of all auto loans applied for in 2025 were declined by banks. They’re clamping down!
Average monthly car payment is $760.
Average cost of a new vehicle is over $50K now
Why is this happening? Auto makers continue to stuff their vehicles to the gills with tech and creature comforts. Lessening longterm reliability and heightening prices substantially!
1.66 Trillion in auto loan debt
Second highest only behind mortgages
Credit card debt hit an all time high $1.23 Trillion
Auto loan delinquencies are up over 50% in the last 15 years.
Interest rates are bad and have been bad
7% APR for New vehicle purchase
11% APR for Used vehicle purchase
Auto loan durations continue to increase… 60 months, 72 months, 84 months, 96 months!
Greedy car dealers charging markups
The value of the dollar is diminishing, and wages and salaries are not keeping up with the price of things.
Death by a thousand cuts, mortgage/rent, insurance, groceries, etc…
Negative equity 1/4 of all trade ins are over $10K in negative equity.
The national average of negative equity is $7900
Predatory lending continues to be a big part of the problem. People with subprime lending are getting hit with higher interest rates and longer loans.
Over 80% of Americans claim to be living paycheck to paycheck
Living off credit cards… living off debt!
All of these reasons have led to the highest levels of auto loan delinquencies… highest levels of 30 day, 60 day and 90 day delinquencies. People have stopped paying for their cars!
Repo rates have surged to an unprecedented level… 2.5-2.7M vehicles repossessed in 2025. There were 1.75M vehicles repossessed in 2024.
Wages and salaries have only increased 7-10% over the last 6 years. Meanwhile MSRPs have risen nearly 50% since then!
This constant pursuit to keep up with the joneses… keep up with what we see online. It’s bleeding people out.

Let me know your thoughts on the on-going auto loan crisis we're facing. What are you doing to avoid falling victim to it all? Are your local car dealerships struggling or selling well?

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