Julie Livingston and Andrew Ross

The Road to Auto Debt

For most of us, our cars, no matter how much we cherish them, hold us in social and economic custody. As more and more vehicles are financed, and with higher loans and interest rates, creditors exert a carceral pull over our ability to earn a sustainable livelihood. Perhaps the most telling evidence of this servitude is that, in times of financial stress, households will prioritize their monthly car payments over all others, including basic necessities. Surely it is the mark of our perverse civilization when food, medical care, and housing have to take a back seat to our need to keep wheels on the road.