<prompt> Human: Article Records have been set in practically every metric for auto loans, as of late: Americans owe a record 1.1 trillion in loans; a record 20 percent of new car loans have 72 month terms; people are overall paying record amounts for a new car; and a record 6.3 million people are 90 days or more behind on their loans.Maybe this wont cause the next Great Recession, but it aint good.  <response>: Banks will lend the money because they want to make money. Period. These same people overleveraging themselves with fancy cars and houses at these inflated prices will be the same ones who lose their ass when the next recession hits. Things cant stay good forever.I personally never plan on going into debt for a depreciating asset ever again. If I ever want an M3, C63, or any other outrageously priced vehicle, Im bringing 60k cash to the table and buying a used one lol. Thatll really make me think twice about it. 