Name: Dodge Interest Rates Bubble - Interest rates for auto loans GO UP HIGH! FJB
Uploaded: 2022-11-06T04:13:10+00:00
Duration: 9 min 50 s
Description: Send me your funny or interesting Mopar/car memes at MechanicMetal on Twitter Interest rates went up this week, and auto loans have been affected. Banks seem to be reluctant issuing out loans until th

3 years ago

dodge FED interest ratehike fjb VOTE redwave

Send me your funny or interesting Mopar/car memes at MechanicMetal on Twitter

Interest rates went up this week, and auto loans have been affected. Banks seem to be reluctant issuing out loans until they figure out what their interest will be for leases and car loans.
Inflation is something we all have to consider when facing big ticket purchases, including a car. Things are tough, but don’t give up. Keep trying, and I have faith in you.
If you love cars, our community and way of life, I know you will find a way to make it work out.

0:00 Intro
0:31 Auto loan interest rates and Dodge credit application denials
2:40 American cars vs European cars, Remakes vs Classics, V8 vs EV
3:56 Interest rate hike and bank loans
5:09 Big ticket purchases and inflation
5:27 Car ownership, V8 car culture
6:18 Aaron Robinson, Hagerty and Baby Boomer mentality
7:57 Keep trying, never give up, Nascar Wallride
9:07 Car meme review
9:25 Outro and Bloopers

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