Why auto loans with $1,000 monthly payments are becoming more popular
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Why auto loans with $1,000 monthly payments are becoming more popular

It has become more common for car dealers to sell new vehicles to customers financing the purchase with an auto loan requiring a monthly $1,000 payment. CNBC's Phil LeBeau joins 'Squawk Box' with the details.
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Wed, Oct 5 20228:14 AM EDT