The Auto Loan 'Crisis' Is Real. Here's How to Not Become a Statistic.
With loan delinquencies hitting record highs and lenders setting aside billions for expected losses, the way you finance your next car has never been more critical. We break down the risks so you can buy smart.
4 key moments5 takeaways
Key Moments
Carvia Insight
Carvia InsightThe 84-Month Trap on Older Cars
0:44 - 1:29Carvia InsightFinancing a 10-year-old car for 7 years is a recipe for disaster. You're almost guaranteed to face a major repair bill while you're still deep underwater on your loan, paying for a car that's rapidly losing value.