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Navigating Auto Market Trends, Underwater Loans, and Economic Realities – 10/31/2026

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John Berkley welcomes auto industry expert Bob Clapper to examine shifting vehicle market dynamics alongside key economic indicators like gross domestic product growth and national debt. The discussion highlights how modern consumers face rising financial pressures from high interest rates, vehicle price averages approaching $50,000, 84-month loan terms, and swelling inventory levels on dealer lots. Berkley and Clapper address critical buyer concerns, including underwater loans with negative equity, the importance of GAP protection and service contracts, and General Motors shifting focus back to hybrid vehicles as electric car sales soften.

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