system
A chat on subreddit /r/wallstreetbets
human
This. Car loans are like 9% of Americans total debt compared to like 60% for mortgages. If anything, auto sales will slow

gpt
The real difference is that banks aren't over-leveraged on auto loan CDOs like they were 30 times over on mortgage bonds. The outstanding value of credit default swaps on mortgage backed securities alone was like $40 trillion in 2008. Add in wonky credit ratings and all sorts of other factors unique to 2008 and it'll make auto loans look like a grain of sand.