How interest rate hikes could affect auto loans

The Federal Reserve is expected to announce a fifth interest rate hike, which will have ripple effects on everything from credit card debt to student loans. Anne-Marie Green breaks down the impact on vehicle prices and auto loan debt.

#news #vehicle #autoloans

[Jacaerys]

I think the crux of It aside from all the other stuff she said Is “Car prices are inflated”

[timbradeen]

So I may be wrong, but if new cars are out of reach. Meaning sales of vehicles slow way way down.That means new car supply will increase. Thus lowering the costs of the new cars???

[randygreen]

Nobody's buying new cars. It doesn't matter