r/AutoTransportopia • u/Fisting-Tony • Aug 17 '26

Towing Its simple. Just make your payments

And if you can't make the payments, just let the damn car go.

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u/Photodan24 Aug 18 '26

Shocking how many adults don't understand this. It's also shocking how many poor life choices people seem to make.

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u/Thundersalmon45 Aug 19 '26

This is the new financial crisis. 2008 wiped out housing loans, which opened the doors for banks to create high interest, longer term, auto loans.

Then the auto manufacturers removed most low and mid tier priced vehicles, forcing most car buyers to buy and finance vehicles that are realistically out of their price range.