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An Auto Loan Debt Crisis Looks Imminent
automoblog.net ^
Posted on 11/04/2023 10:56:23 AM PDT by RomanSoldier19
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To: RomanSoldier19
Pedo Joe is going to have to “help us” by cancelling our car loans. This is gonna get expensive but it will get him reelected.
2
posted on
11/04/2023 10:58:51 AM PDT
by
FlingWingFlyer
('Build Back Better' is a Bidenskyyyyyyism for 'we gotta get rid of all dem white peoples'.)
To: RomanSoldier19
I’m fixing to buy my company car soon when I get a new one.
I’m paying cash
3
posted on
11/04/2023 11:00:44 AM PDT
by
cyclotic
(It's a great time to live in America. It's like the collapse of the Roman Empire except with wi-fi)
To: RomanSoldier19
The more people that go on the dole the fewer there are that can buy expensive cars. It’s a death spiral brought on by your socialist/fascist government.
4
posted on
11/04/2023 11:01:40 AM PDT
by
ChuckHam
To: RomanSoldier19
Hopefully a “crisis” will put some downward pressure on the ridiculous prices of new and used cars.
5
posted on
11/04/2023 11:05:00 AM PDT
by
glorgau
To: FlingWingFlyer
“.. this will get him reelected.,”This is insane. I guess true Surrender Monkeys never takes day off.
6
posted on
11/04/2023 11:13:15 AM PDT
by
jmaroneps37
(Freedom is never free. It must be won rewon and jealously guarded.)
To: RomanSoldier19
Iallegedly and the economic ninja have been warning of this for quite some time.
To: RomanSoldier19
Americans are also carrying a trillion dollars of credit card debt. No wonder no one gives a crap about government spending and the federal debt.
To: All
average new car payment in Q3 2023 reached $736 per month
Seriously?
To: RomanSoldier19
Car loans
Credit card debt
Mortgage rates
Education loans
Government debt
Recession coming up.
We’re surrounded by pools of oil and barrels of gunpowder. Just need a match to light it up.
10
posted on
11/04/2023 11:18:53 AM PDT
by
ClearCase_guy
(They say "Our Democracy" but they mean Cosa Nostra.)
To: RomanSoldier19
Nah, can’t happen.
Stansberry Research say everyone has so much cash there can’t possibly be a recession. /s
11
posted on
11/04/2023 11:20:08 AM PDT
by
citizen
(Put all LBQTwhatever programming on a new subscription service: PERV-TV)
To: RomanSoldier19
Most car loans are doing fine. It’s the subprime loans that are in big trouble, but they’re a small part of the overall car loan industry.
12
posted on
11/04/2023 11:24:00 AM PDT
by
Colinsky
To: RomanSoldier19
Soon you won’t be able to get financing on ICE vehicles.
13
posted on
11/04/2023 11:24:07 AM PDT
by
dfwgator
(Endut! Hoch Hech!)
To: RomanSoldier19
I’m glad my 26 year old car is bought and paid for.
14
posted on
11/04/2023 11:25:22 AM PDT
by
ducttape45
(Proverbs 14:34, "Righteousness exalteth a nation: but sin is a reproach to any people.")
To: RomanSoldier19
The electric vehicle manufacturers hardest hit. Yawn.
15
posted on
11/04/2023 11:27:06 AM PDT
by
quantim
(Victory is not relative, it is absolute. )
To: Colinsky
Most car loans are doing fine. It’s the subprime loans that are in big trouble, but they’re a small part of the overall car loan industry.
"Got no job? We don't care. Got a bad credit rating? We don't care. Got a prison record? We don't care. Don't expect to pay us? THAT'S when we care!"
16
posted on
11/04/2023 11:30:20 AM PDT
by
dfwgator
(Endut! Hoch Hech!)
To: dfwgator
lol I still watch Johnny Carson each weekday night on Antenna TV.
17
posted on
11/04/2023 11:34:55 AM PDT
by
citizen
(Put all LBQTwhatever programming on a new subscription service: PERV-TV)
To: RomanSoldier19
Meanwhile......... at auto auctions cars and trucks aren’t selling. Prices too high
18
posted on
11/04/2023 11:37:03 AM PDT
by
bert
( (KWE. NP. N.C. +12) Joe Biden is a kleptocrat)
To: dfwgator
We used to have a local RV dealer whose TV commercials ended with, “Out of work? Bad credit? Bankrupt? Come back when things get better.”
19
posted on
11/04/2023 11:40:34 AM PDT
by
Colinsky
To: cyclotic
I just bought a new 2023 F350 and payed cash. Screw those auto loan rates.
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