American man finances a $111,916 Dodge Ram and pays $1,898 a month.
After 84 payments, the total hits $159,464
He pays $47,548 EXTRA in interest
This isn’t “financing”, it’s usury pic.twitter.com/P0pD8c9PJr
— redpillbot (@redpillb0t) December 7, 2025
Auto loan interest rates of 6–10% are common and usually legal under U.S. usury laws, which often exempt banks and credit unions. The real issue isn’t legality but cost: financing a vehicle over seven years can add tens of thousands in interest, while the truck itself loses value through depreciation. That’s why financial advisors caution against long-term loans, they lock buyers into paying far more than the vehicle will be worth.
Americans Are Falling Behind On Car Payments Like It’s 1992 All Over Again
Number of drivers seriously behind on payments reached a worrying record high last month that could indicate problems in the wider economy
Subprime borrowers behind on car payments hit the highest level on record.
Fitch data shows 6.65 percent of subprime loans are over 60 days overdue.
Prime borrowers remain stable, highlighting the ongoing cost-of-living strain.
Buying a new car can be exciting, but figuring out how to pay for it? Less so. And for a growing number of Americans, it’s becoming a serious problem. Recent figures show that the percentage of subprime borrowers who are at least 60 days behind on their car payments hit a new record in October.
https://www.carscoops.com/2025/11/subprime-auto-loan-borrowers-are-falling-behind-in-record-numbers/
Buyers are stretching out loans to 84 months, a record high, which massively inflates total interest paid.
https://www.cnbc.com/2025/11/11/more-buyers-are-stretching-out-their-car-loanshere-are-the-risks.html
People can’t pay their car bills, prices are insane, and the loans never stopped growing. Feels like this whole thing was built to snap.