That’s why I paid cash no way would I stick my neck out with libtards in charge of the economy
I guess not all those stimulus checks went to tattoos and weed.
Yeah, nobody saw that coming (rolling eyes)
What are “Payments”?
If you can’t pay cash, you can’t afford it.
15,000 a day?
Oh my.
I saw somewhere that the average new car sale was like $46K.
Are there really that many people who have that kind of money?
I know the repossession types well. They are actually RELIEVED when the car is taken back. Who cares if their credit takes a hit?
Got a mailer from a local Ford dealer yesterday offering incentives on pickups and suvs. Looks like the shortages are going to go away pretty quickly.
Will be getting good deals on cars due to that actions of irresponsible people.
Don’t worry the Democrats will bail them out.
Why does not Biden propose their car loans be forgiven?
Because car buyers, unlike the education establishment, is not a single block of potential election campaign donors to the Dims, so Dims can’t buy their votes.
If the Dims really wanted to help their “Liberal” students, they’d make the “Liberal” colleges pay off the loans their students incurred from their indoctrination courses. But 100% of federal aid to higher education is about protecting the education industrial establishment from accountability for its outrageously excessive costs to students.
Someone with a car loan? Could be a Conservative, an independent or something else but no guarantee it’s a Dim and no guarantee they’d become a Dim if Biden got their car loan paid off. But college students - that’s an already woke community, so they “deserve” Biden’s help.
I have 3 cars and my “fleet” average is (2001+2005+2012)/3 = 2006
I’d like to put my order in for a freshly repossessed 2022 toyota tacoma 4x4 please......any color but that puke peanut butter tan.
I assume it would be to buy from an owner who can't keep up w payments, rather than wait for the repo chain to add their "profit margin" to the price.
All the fools who signed for adjustable rate auto loans are now paying extortionate interest rates.
Too bad. Should have read the fine print.
15,000 cars added to the used car market each day will hopefully bring the prices down closer to sanity.
“There is an upside, however, according to PeQueen.
While used car prices soared during the pandemic, adding more inventory by way of repossession should help bring prices back down.”