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News 2026-10-14 12:01 UTC

RPT — BREAKINGVIEWS — The $1.7 trln auto loan market heads for a crash

(The author is a Reuters Breakingviews columnist. The opinions expressed are his own.) By Stephen Gandel NEW YORK, Oct 13 (Reuters Breakingviews) — The US commute is becoming an antique roadshow. Squeezed by high vehicle prices and borrowing costs, drivers are buying older cars with loans that last as long as eight yea