Why your car loan cost you $5.2 million dollars

I am about to share a scary story. A real story, that happened to me, and is probably happening to you. A mind-numbing 107 million Americans owe in aggregate $568 billion in auto debt. The aggregate amount borrowed has increased year/over/year, 7 years in a row.

The purpose of this post is not to diminish or harp on the 1/3rd of us who have a auto debt. We all already know its a…