3 years ago

242

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The price of cars especially used cars, or one of those surprise things that went up in value during 2020 and continued to go up in value during 2021. It seemed like there was a mad scramble to buy any car you could at any price, and they just went up. In fact, used cars, outperformed things like Bitcoin, gold, stocks, and real estate.

It was absolute craziness. So, the question now is, was that sustainable? Is that going to continue? And what is happening now, given the fact that many people are starting to talk about a sub-prime auto loan crisis or people are starting to be delinquent and default on their auto loans?

Timecodes
0:00 Video Overview
0:46 Intro
0:53 Pacific Bitcoin
1:23 Used Vehicles Prices Skyrocketing
3:57 Lines of Income Increased Car Purchases
6:34 Auto Loan Delinquencies
11:17 Outro

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