# Car Loan Delinquencies are at a 15 year high **URL:** \ **Category:** General Discussion\ **Created:** [July 19, 2025, 1:25pm UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076 "2025-07-19T13:25:31Z")\ **Posts on this page:** 20\ **Page:** 3
**Author:** ![Mustangman](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/mustangman/32/44130_2.png) [@Mustangman](https://community.cartalk.com/u/Mustangman)\ **Post date:** [July 22, 2025, 1:53pm UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076/41 "2025-07-22T13:53:50Z")
Hmm, the promises of the ACA that started in 2014 did not bend the cost curve at all. And left half of the 46M uninsured still uninsured. A large majority of the 650K medical bankruptcies each year are by people who are employed and have health insurance. Their incomes are generally $30K to $50K a year. They file because they can’t cover the copays. ---
**Author:** ![MikeInNH](https://avatars.discourse-cdn.com/v4/letter/m/a587f6/32.png) [@MikeInNH](https://community.cartalk.com/u/MikeInNH)\ **Post date:** [July 22, 2025, 3:49pm UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076/42 "2025-07-22T15:49:48Z")
> [@Mustangman](#): > > Hmm, the promises of the ACA that started in 2014 did not bend the cost curve at all It definitively made health care more affordable to MILLIONs then it was before. I have at least 3 nephews and nieces that benefited greatly from ACA when they turned 26. Jobs they had didn’t offer any health insurance and private insurance not through ACA almost 3 times what ACA cost them. While it’s not perfect it sure did help millions of people. > [@Mustangman](#): > > They file because they can’t cover the copays It’s not just the co-pays. It’s all not covered expenses. Many small companies that offer health insurance don’t offer the greatest coverage and there are a lot of things they don’t cover that are very expensive. Ambulance rides are a big one around here. Many insurance companies don’t cover ambulance rides. Drug costs are probably #2. Long term medical care from cheaper insurance companies doesn’t even cover 1/3rd of the cost. ---
**Author:** ![Mustangman](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/mustangman/32/44130_2.png) [@Mustangman](https://community.cartalk.com/u/Mustangman)\ **Post date:** [July 22, 2025, 5:13pm UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076/43 "2025-07-22T17:13:06Z")
> [@MikeInNH](#): > > It definitively made health care more affordable to MILLIONs then it was before That is untrue with respect to my personal experiences with the ACA. I was paying for private insurance for 1.5 years before the ACA went into effect with coverage better than a Bronze plan. If I’d stayed with that private plan, my cost would have doubled the day the ACA went into effect. I signed up for the ACA and without subsidies, the cost more than doubled. With the subsidies paid by you taxpayers (Thank You), the cost was a 1/3rd lower but my deductible doubled. Each year the full cost increased by about 15% each year. Double the rate on the posted chart. The deductible also increased to $6300 for the a Bronze plan I chose. You taxpayers footed about 75% of each increase. Thank You. But I agree with you about things that are NOT covered by lower tier insurance plans. Just looking at the ACA lower tier plans, the deductibles run $12,000 to that $6300 I posted. That can be a huge (or catastrophic) hit for a $30 to $50K a year employee. Considering we went from 46M uninsured to 22M, if we use old-school grading, as a program, that would be an F, especially if we counted cost containment. ---
**Author:** ![bing](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/bing/32/4619_2.png) [@bing](https://community.cartalk.com/u/bing)\ **Post date:** [July 22, 2025, 5:39pm UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076/44 "2025-07-22T17:39:45Z")
I was lucky and always had employer insurance. After retiring was still able to participate until 65. Now we just buy the supplemental plans through a private agent/broker for $100-150 a month. Plus the Medicare cost. Prescription coverage through welcare for zero monthly. The whole thing is messy and confusing. So far blue cross and medica have worked fine and we’ve avoided the whole aca issue. Last thing I want to see is a Canadian or UK system. ---
**Author:** ![old\_mopar\_guy](https://avatars.discourse-cdn.com/v4/letter/o/6bbea6/32.png) [@old\_mopar\_guy](https://community.cartalk.com/u/old_mopar_guy)\ **Post date:** [July 22, 2025, 6:09pm UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076/45 "2025-07-22T18:09:42Z")
I would love to see the Canadian system implemented here. It works very well for our 40 million neighbors to the north. ---
**Author:** ![VDCdriver](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/vdcdriver/32/30_2.png) [@VDCdriver](https://community.cartalk.com/u/VDCdriver)\ **Post date:** [July 22, 2025, 6:40pm UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076/46 "2025-07-22T18:40:54Z")
> [@Mustangman](#): > > I signed up for the ACA and without subsidies, the cost more than doubled The ACA could definitely use a lot of improvement, and I have a concept of a plan. ---
**Author:** ![Jerome-Silverman](https://avatars.discourse-cdn.com/v4/letter/j/71e660/32.png) [@Jerome-Silverman](https://community.cartalk.com/u/Jerome-Silverman)\ **Post date:** [July 22, 2025, 8:25pm UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076/47 "2025-07-22T20:25:41Z")
They will do anything but reduce prices. Probably will introduce 10 year loans and figure out something else when that crisis hits. Of course, with lots of inflation, you could pay off the loan with one paycheck. ---
**Author:** ![Mustangman](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/mustangman/32/44130_2.png) [@Mustangman](https://community.cartalk.com/u/Mustangman)\ **Post date:** [July 22, 2025, 8:27pm UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076/48 "2025-07-22T20:27:14Z")
> [@VDCdriver](#): > > and I have a concept of a plan. The country could sure use a better plan! ---
**Author:** ![VOLVO-V70](https://avatars.discourse-cdn.com/v4/letter/v/8e8cbc/32.png) [@VOLVO-V70](https://community.cartalk.com/u/VOLVO-V70)\ **Post date:** [July 22, 2025, 8:29pm UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076/49 "2025-07-22T20:29:39Z")
> [@Jerome-Silverman](#): > > They will do anything but reduce prices. And just how would they reduce prices ? And is a fact that cheap vehicles just don’t sell in the USA. ---
**Author:** ![Mustangman](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/mustangman/32/44130_2.png) [@Mustangman](https://community.cartalk.com/u/Mustangman)\ **Post date:** [July 22, 2025, 8:39pm UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076/50 "2025-07-22T20:39:47Z")
> [@old\_mopar\_guy](#): > > I would love to see the Canadian system implemented here. It works very well for our 40 million neighbors to the north. It doesn’t work as well as Canadians would like it to work. Which is why so many Canadians come to the US to get medical procedures like knee or hip replacements in couple of weeks instead of 6 to 12 months. Cancer treatment outcomes are less successful than in the US because of the 4 week or longer waits to receive treatment. And then there are those cancers that just get palliative care instead of curative treatments because the system has limited resources. And there is a shortage of palliative care facilities, too. ---
**Author:** ![Jerome-Silverman](https://avatars.discourse-cdn.com/v4/letter/j/71e660/32.png) [@Jerome-Silverman](https://community.cartalk.com/u/Jerome-Silverman)\ **Post date:** [July 22, 2025, 8:54pm UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076/51 "2025-07-22T20:54:34Z")
Three ways come to mind. 1. Eliminate all the middlemen (or, PC correct, middle women). 2. Rapid inflation. You pay off the loan with cheap money. 3. Force the Chinese to make their cars in the US. With their high degree of automation requiring very few employees, you should be able to buy a well equipped high tech China car for about 15,000 2025 US dollars. ---
**Author:** ![db4690](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/db4690/32/2583_2.png) [@db4690](https://community.cartalk.com/u/db4690)\ **Post date:** [July 22, 2025, 11:04pm UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076/52 "2025-07-22T23:04:23Z")
By my estimation, $15000 would get you a pretty lousy new car ---
**Author:** ![VDCdriver](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/vdcdriver/32/30_2.png) [@VDCdriver](https://community.cartalk.com/u/VDCdriver)\ **Post date:** [July 22, 2025, 11:08pm UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076/53 "2025-07-22T23:08:10Z")
That would likely lead to unemployed auto workers who had labored for GM, Ford, Stellantis, Subaru, Toyota, and other companies with factories in the US ---
**Author:** ![MikeInNH](https://avatars.discourse-cdn.com/v4/letter/m/a587f6/32.png) [@MikeInNH](https://community.cartalk.com/u/MikeInNH)\ **Post date:** [July 22, 2025, 11:22pm UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076/54 "2025-07-22T23:22:01Z")
> [@Mustangman](#): > > I signed up for the ACA and without subsidies, the cost more than doubled. If you could get private insurance cheaper then why did you have to sign up for ACA? ---
**Author:** ![Mustangman](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/mustangman/32/44130_2.png) [@Mustangman](https://community.cartalk.com/u/Mustangman)\ **Post date:** [July 22, 2025, 11:39pm UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076/55 "2025-07-22T23:39:12Z")
> [@MikeInNH](#): > > If you could get private insurance cheaper then why did you have to sign up for ACA? Because my out of pocket cost doubled as I wrote below…Maybe not so clearly. > [@Mustangman](#): > > If I’d stayed with that private plan, my cost would have doubled the day the ACA went into effect. > [@Mustangman](#): > > I signed up for the ACA and without subsidies, the cost more than doubled. The actual cost of the ACA insurance was even higher than my private insurance quote, but with the taxpayer subsidies, that reduced my my out-of-pocket cost to 1/3 lower than I was paying. So you loyal taxpayers subsidized the cost of my healthcare (again, thank you) ---
**Author:** ![bing](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/bing/32/4619_2.png) [@bing](https://community.cartalk.com/u/bing)\ **Post date:** [July 22, 2025, 11:43pm UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076/56 "2025-07-22T23:43:11Z")
A little off track but at least we are generating badly needed traffic. ---
**Author:** ![MikeInNH](https://avatars.discourse-cdn.com/v4/letter/m/a587f6/32.png) [@MikeInNH](https://community.cartalk.com/u/MikeInNH)\ **Post date:** [July 23, 2025, 12:08am UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076/57 "2025-07-23T00:08:36Z")
> [@Mustangman](#): > > Which is why so many Canadians come to the US to get medical procedures like knee or hip replacements in couple of weeks instead of 6 Let’s change that a little to “WEALTHY Canadians”. Being close to the Canadian border and Boston (having one of the Best if not thee best) hospital systems in the world where some Canadians do come for elective surgery. But it’s out of pocket for them, so for the average Canadian it’s not very feasible. > [@Mustangman](#): > > Cancer treatment outcomes are less successful than in the US because of the 4 week or longer waits to receive treatment. State your source. Everything I’ve read shows Canada has as good or better Cancer outcomes then the US. Problem with US healthcare is that because millions of people don’t have healthcare there is less screening to detect cancers at early stages. Many people are too afraid to go to the hospital unless they have symptoms that are very severe and by then it’s too late. ---
**Author:** ![Jerome-Silverman](https://avatars.discourse-cdn.com/v4/letter/j/71e660/32.png) [@Jerome-Silverman](https://community.cartalk.com/u/Jerome-Silverman)\ **Post date:** [July 23, 2025, 12:21am UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076/58 "2025-07-23T00:21:53Z")
Exactly! But that’s part of the Make America Great Again plan. Force the foreign manufacturers to do it here. Maybe they could retrain for chip manufacturing or as programmers. ---
**Author:** ![VOLVO-V70](https://avatars.discourse-cdn.com/v4/letter/v/8e8cbc/32.png) [@VOLVO-V70](https://community.cartalk.com/u/VOLVO-V70)\ **Post date:** [July 23, 2025, 12:53am UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076/59 "2025-07-23T00:53:14Z")
> [@Jerome-Silverman](#): > > Exactly! But that’s part of the Make America Great Again plan Me thinks the word (failed ) goes between Again and plan. ---
**Author:** ![Mustangman](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/mustangman/32/44130_2.png) [@Mustangman](https://community.cartalk.com/u/Mustangman)\ **Post date:** [July 23, 2025, 1:10am UTC](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076/60 "2025-07-23T01:10:40Z")
> [@MikeInNH](#): > > State your source. Everything I’ve read shows Canada has as good or better Cancer outcomes then the US A source… [Cancer Survival Rates by Country 2025](https://worldpopulationreview.com/country-rankings/cancer-survival-rates-by-country) The US leads Canada in all four of the cancer types listed. Another source… [Cancer Care in the United States Is Unrivaled - AAF](https://www.americanactionforum.org/insight/cancer-care-in-the-united-states-is-unrivaled/) [Previous page](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076.md?page=2) [Next page](https://community.cartalk.com/t/car-loan-delinquencies-are-at-a-15-year-high/201076.md?page=4)