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kleinbl00  ·  2450 days ago  ·  link  ·    ·  parent  ·  post: Santander verified income in just 8% of auto loans

Cars invariably depreciate before they begin appreciating (which they do once their numbers have dropped) and the cars that are on the upswing are never the ones being loaned for. And yes, it's all about rich people finding tokens to trade, much like contemporary art.

I remember back when Espadas could be had for like $16k. I saw one for $475k last month.