Here's some important charts from Zerohedge on US auto lease.
Americans are opting for auto lease to continue their lifestyle as new cars become more expensive vs leased. However the short end of it is that returning leases are putting a pressure on used car prices.
As used car prices become lower, the pressure will be on the price of new cars. So it is advisable not to invest in any auto manufacturers as this could blow up into a major crisis.
And yes, this is besides the more than US$1.1T worth of auto loans which is waiting to explode.
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