To: algore
The CEO of Ford said, "we're in great shape at Ford. The customers are supporting pricing and loan terms with an average car payment of $850 and 86 month loans."
I couldn't believe he would say, yet alone believe anything so stupid.
6 posted on
09/15/2025 9:21:41 AM PDT by
blackdog
((Z28.310) "Diggin the scene with a gangster lean" (Mayfield, Curtis) )
To: blackdog
I first saw the 86 month loan thing on a banner at a Harley dealership I was pulling into back in 2008.....my first thought was anybody agreeing to that is a moron......and here we are.
16 posted on
09/15/2025 9:29:53 AM PDT by
V_TWIN
(RIP Charlie Kirk)
To: blackdog
An 86 month car loan is like a mortgage. A car is a depreciating asset. It’s one thing to take out a mortgage on an appreciating asset but it makes no sense to do it for a car.
17 posted on
09/15/2025 9:31:22 AM PDT by
ladyjane
To: blackdog
Ford does not get stuck holding the bag when the car borrowers default on their payments.
Apparently that is all Ford cares about....
22 posted on
09/15/2025 9:34:44 AM PDT by
cgbg
(It was not us. It was them--all along.)
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