Quote:
Originally Posted by alex2364
Their sales have dropped because they're killing their lease programs. It will continue to drop if that continues.
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They're smart and ahead of the curve. They know debt levels are massive, and a huge portion of car loans/leases don't even verify borrower income. Once easy money dries up, we're at another 2008 implosion. Can't wait.
This is only the start, auto market is prime to pop pop pop. Looking forward to picking up something nice in 12 months with cash, thanks to all the folks with fleases and eight year car loans riding in shit they can't afford!