ActionfigureJoe Posted January 22, 2023 Share Posted January 22, 2023 https://oilprice.com/Energy/Energy-General/Americans-Are-Struggling-To-Pay-Car-Loans.amp.html Quote Link to comment Share on other sites More sharing options...
Big Crappie Posted January 22, 2023 Share Posted January 22, 2023 Not surprising considering the insane buying of vehicles at or over list and financing more than the vehicle is worth to pay off their trade in. People are fucking stupid and finance companies seem to love giving them rope to hang themselves with. 2 1 Quote Link to comment Share on other sites More sharing options...
Gold Member 800renegaderider Posted January 22, 2023 Gold Member Share Posted January 22, 2023 Maybe they should buy what they can afford then 🤷♂️ 1 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Steve753 Posted January 22, 2023 Platinum Contributing Member Share Posted January 22, 2023 2 minutes ago, 800renegaderider said: Maybe they should buy what they can afford then 🤷♂️ Not everyone wants a miled out 93 f150 though. Quote Link to comment Share on other sites More sharing options...
Gold Member 800renegaderider Posted January 22, 2023 Gold Member Share Posted January 22, 2023 Just now, Steve753 said: Not everyone wants a miled out 93 f150 though. If that’s all they legitimately can afford well then that’s all they get. Everyone wants the best but most can’t really afford it. 4 Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted January 22, 2023 Share Posted January 22, 2023 11 minutes ago, Big Crappie said: Not surprising considering the insane buying of vehicles at or over list and financing more than the vehicle is worth to pay off their trade in. People are fucking stupid and finance companies seem to love giving them rope to hang themselves with. Yup Quote Link to comment Share on other sites More sharing options...
Gold Member 800renegaderider Posted January 22, 2023 Gold Member Share Posted January 22, 2023 7 minutes ago, Steve753 said: Not everyone wants a miled out 93 f150 though. Interwebs says the average new car price in 22 was $44,584 that’s a $854.37 a month payment for 5yrs 5.25% todays rate. I see why they can’t afford their payments lol but wait if you drag it out to a 10yr they can “afford” it Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Steve753 Posted January 22, 2023 Platinum Contributing Member Share Posted January 22, 2023 31 minutes ago, 800renegaderider said: If that’s all they legitimately can afford well then that’s all they get. Everyone wants the best but most can’t really afford it. I'd rather have a loan on something new with warranty. 1 Quote Link to comment Share on other sites More sharing options...
Gold Member EvilBird Posted January 22, 2023 Gold Member Share Posted January 22, 2023 1 hour ago, ActionfigureJoe said: https://oilprice.com/Energy/Energy-General/Americans-Are-Struggling-To-Pay-Car-Loans.amp.html Quote Link to comment Share on other sites More sharing options...
Mainecat Posted January 22, 2023 Share Posted January 22, 2023 Who has a car loan? 1 Quote Link to comment Share on other sites More sharing options...
Sled_Hed Posted January 22, 2023 Share Posted January 22, 2023 1 hour ago, 800renegaderider said: Maybe they should buy what they can afford then 🤷♂️ This ^ 1 hour ago, Big Crappie said: Not surprising considering the insane buying of vehicles at or over list and financing more than the vehicle is worth to pay off their trade in. People are fucking stupid and finance companies seem to love giving them rope to hang themselves with. Also this^. same could be said about mortgage companies before the housing crash. Borrowing way too much to people that couldn't afford it. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Steve753 Posted January 22, 2023 Platinum Contributing Member Share Posted January 22, 2023 2 minutes ago, Mainecat said: Who has a car loan? I've had a few over the years. Not a big deal. Leased a few as well. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted January 22, 2023 Share Posted January 22, 2023 22 minutes ago, Mainecat said: Who has a car loan? Wait. You a vehicle that doesn't even have an air bag? You ride without a helmet too? Quote Link to comment Share on other sites More sharing options...
Gold Member EvilBird Posted January 22, 2023 Gold Member Share Posted January 22, 2023 40 minutes ago, Mainecat said: Who has a car loan? Pretty much all of America you stupid out of touch childless spoiled boomer retard. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted January 22, 2023 Platinum Contributing Member Share Posted January 22, 2023 1 hour ago, Steve753 said: I'd rather have a loan on something new with warranty. And if one can afford it , there is nothing wrong with that. Quote Link to comment Share on other sites More sharing options...
Gold Member EvilBird Posted January 22, 2023 Gold Member Share Posted January 22, 2023 19 minutes ago, DriftBusta said: Wait. You a vehicle that doesn't even have an air bag? You ride without a helmet too? Imagine being around such a moron as MC. It must be painful for anyone who is. Quote Link to comment Share on other sites More sharing options...
Gold Member 800renegaderider Posted January 22, 2023 Gold Member Share Posted January 22, 2023 1 hour ago, Steve753 said: I'd rather have a loan on something new with warranty. So you’re saying you also can’t diagnose a blown fuse 👌 3 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Steve753 Posted January 22, 2023 Platinum Contributing Member Share Posted January 22, 2023 Just now, steve from amherst said: And if one can afford it , there is nothing wrong with that. Maybe those that defaulted originally could. Shit happens Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Steve753 Posted January 22, 2023 Platinum Contributing Member Share Posted January 22, 2023 1 minute ago, 800renegaderider said: So you’re saying you also can’t diagnose a blown fuse 👌 Nah. I've had a few diesels without warranty over the years and it gets expensive real fast. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted January 22, 2023 Platinum Contributing Member Share Posted January 22, 2023 2 minutes ago, Steve753 said: Maybe those that defaulted originally could. Shit happens Shit does happen , but many signed up for more then they could afford. 3 Quote Link to comment Share on other sites More sharing options...
SkisNH Posted January 22, 2023 Share Posted January 22, 2023 Pay cash for what ever you can afford.... 4 Quote Link to comment Share on other sites More sharing options...
Cold War Posted January 22, 2023 Share Posted January 22, 2023 People are struggling to buy a carton of eggs. 2 1 Quote Link to comment Share on other sites More sharing options...
Cold War Posted January 22, 2023 Share Posted January 22, 2023 Are there articles on the Huff about poc suffering the most? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Steve753 Posted January 23, 2023 Platinum Contributing Member Share Posted January 23, 2023 17 minutes ago, SkisNH said: Pay cash for what ever you can afford.... Such a dumb statement. Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted January 23, 2023 Author Share Posted January 23, 2023 There’s a lot of upside down car loans. Especially those that bought high with teslas, pickups, and minivans. Each was way overpriced. 1 Quote Link to comment Share on other sites More sharing options...
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