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Americans Are Struggling To Pay Car Loans


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1 hour ago, EvilBird said:

Pretty much all of America you stupid out of touch childless spoiled boomer retard. :pc:

Another dumb ignorant post for the boards 13 year old.
Haven’t had a car loan for over 30 years. Fuck new cars just buy off lease for cash. Cars are tied with boats as the worst investment on earth…..well Bitcoin is up there.

 

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3 hours 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.

Seven and eight year financing on 80k+ pickup trucks what could possibly go wrong.

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4 minutes ago, Carlos Danger said:

Seven and eight year financing on 80k+ pickup trucks what could possibly go wrong.

can you imagine having a 72 month loan on a used car 😂 

 

“The most common term currently is for 72 months, with an 84-month loan not too far behind. In fact, over 73% of new car loans in the first quarter of 2022 were longer than 60 months “

“The trend is actually worse for used car loans, where just over 80% of used car loan terms were over 60 months. The most common loan term for a used car in the first quarter of 2022 was 72 months.”

 

https://www.edmunds.com/car-loan/how-long-should-my-car-loan-be.html

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8 minutes ago, Carlos Danger said:

Seven and eight year financing on 80k+ pickup trucks what could possibly go wrong.

I've had a few 6 yr loans on company vehicles.

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16 minutes ago, Mainecat said:

Another dumb ignorant post for the boards 13 year old.
Haven’t had a car loan for over 30 years. Fuck new cars just buy off lease for cash. Cars are tied with boats as the worst investment on earth…..well Bitcoin is up there.

 

Who said a boat or a car was an investment?  Fuck sakes loosen up the purse strings enjoy life a little.

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3 minutes ago, 800renegaderider said:

can you imagine having a 72 month loan on a used car 😂 

 

“The most common term currently is for 72 months, with an 84-month loan not too far behind. In fact, over 73% of new car loans in the first quarter of 2022 were longer than 60 months “

“The trend is actually worse for used car loans, where just over 80% of used car loan terms were over 60 months. The most common loan term for a used car in the first quarter of 2022 was 72 months.”

 

https://www.edmunds.com/car-loan/how-long-should-my-car-loan-be.html

The People just go along with what the dealer says. "Is this a payment you can afford?" No, well let's go longer term.

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18 minutes ago, Mainecat said:

Another dumb ignorant post for the boards 13 year old.
Haven’t had a car loan for over 30 years. Fuck new cars just buy off lease for cash. Cars are tied with boats as the worst investment on earth…..well Bitcoin is up there.

 

So just because you havent had a car loan in 30 years you think everybody else in America is the same ? :lmao:

talk about ignorant . I thought democrats cared about the lower and middle class ? 

 

 

 

 

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1 minute ago, SnowRider said:

People on here cheering for people losing their jobs….might be a thread about it :news: 

Federal government could shrink by about 25% in size and cost, and the citizens would benefit.

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Just now, DriftBusta said:

Federal government could shrink by about 25% in size and cost, and the citizens would benefit.

Conjecture based only on your opinion :thumbsup:

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Just now, SnowRider said:

Dems use public transit, ride bikes, walk, or drive a Prius :thumbsup:

So they don't waste gas mountain riding a snowmobile you're saying?

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5 minutes ago, SnowRider said:

People on here cheering for people losing their jobs….might be a thread about it :news: 

You mean like Mainefag and You cheering that on when people refused the jab that doesnt work? That thread? 

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  • Trying to pay the bills, lol

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