There have been some interesting reports on car debts and the practices used to trap people into a car they can't afford, wait for them to default, then sell it again to the next sucker. Rinse and repeat.
The response to the 2007/2008 collapse was to double down on the policies that made it possible,
It is insane that we allow it to happen. Bitcoin was released as a response to these events and perhaps next time, people will actually support it.
The incentives and mandates from the US federal government for hybrids and especially electric vehicles is also apparent on the secondhand market. These cars depreciate at least as fast as gas cars, and often faster. The electric trucks can't do real truck stuff because the range takes such a hit when loaded up or towing a trailer. But our all-knowing political class just continues setting arbitrary mandates without any regard for what people want or need. And the debt bubble grows with each new car as people chase the new things they are told they need.