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IPFS News Link • Economy - Economics USA

Americans Panic Search "Give Car Back" As Subprime Auto Loan Delinquency Erupts

• https://www.activistpost.com, By Tyler Durden

This trend highlights the extent to which consumers, despite being financially stretched, are willing to take on massive auto debt in these uncertain economic times as macroeconomic headwinds pile up.

New Google data, first revealed by X user CarDealershipGuy, shows Americans are searching "give car back" on the internet has soared to a record high.

CarDealershipGuy added, "For everyone DMing me: No, you can't "give back" a car – That's a repossession."

This year, we have been dutifully tracking the auto sector, considered a leading economic indicator, to pinpoint the arrival of the crushing auto loan crisis and even the possibility of the onset of the next recession.


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