re: Car dealers have so much backlog, some 2022s are "new"

quote:

---

Whats classic? Is that not an option?

---

It's a worse option and likely not an option.

quote:

---

So they are not being forced they chose to get into this position and now are choosing to refi

---

If they want to keep their homes, cars, etc., it's not much of a choice.

Homes and cars need a crash to offset this post-2020 (and 2009) imbalance.