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Posted on 10/18/2025 8:51:37 PM PDT by SeekAndFind
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>> Delinquencies as a recession signal: Rising default rates among lower-income borrowers often show stress before it hits the broader market.
I’ll bet a significant number of these are “No puedo ir a trabajar por la inmigración.” ;-)
I will hazard a guess that they cannot qualify for financing due to their lack of paperwork, and usually buy cash out.
That car dealer that went bankrupt recently (don’t remember their business name) had a reputation for building their business on making loans to illegals.
Tricolor ...
Well in spite of many claims People and I mean US Citizens are hurting economically. Not from inflation now so much as the buying power going in the crapper...The US Dollar is collapsing and doesn’t have the buying power it did even a year ago.
You’re obsessed with statistics and graphs. You’re Karl Rove aren’t you mister Bushite
I bet you didn’t vote for Trump. So who did you cast a vote for?
Mister I have voted for Trump every time, donated cash to him each time so drop the True Believer crap...The problem is the Dollar is dying and not much is coming from the White House to help that as it seems President Trump is not listening.
President Trump is to distracted with the Middle East instead of Iowa or Kansas Citizens or any state for that matter as many people are struggling.
To get to the root of the problem you only have to look back a few years. A simple search of these three words will show who caused this looming disaster. Search: Cash For Clunkers
RE: You’re obsessed with statistics and graphs. You’re Karl Rove aren’t you mister Bushite
If voting for Bush over Gore and Kerry makes me a Bushite, I plead guilty.
But then, I also voted for Trump, THREE TIMES. What does that make me?
Is a new car really worth $45,000 + gas + insurance? Not for me, but enough people are willing to go broke for a car that the price stays there.
I’m 72 and. Going bankrupt. The stress is killing me. I’m in the hospital tonight ,No. family. No friends to stand bedside. Pray for me.
Will pray for you and you are not alone as I watch the Bankruptcies filed in State and many are going bankrupt...
Prayers up for you.
A recent article I’ve read says 66% of new car loans are 72 months or more. That is how they can “afford” them..
>> Tricolor ...
Yes!!! Thank you.
(by the way, that name Tricolor is racis...) :-)
>> Pray for me.
Prayers up, FRiend.
THE AVERAGE PRICE OF NEW CAR IN USA HAS HIT $50,000.
THEN-—YOU FIND OUT THE “BATTERY” IS UNDER A SEAT (OR IN FRONT OF THE FRONT TIRE)-—CANNOT ACCESS FOR A JUMP START FROM ANOTHER VEHICLE. ALSO-—HOW DO YOU CHECK THE BATTERY FLUIDS????
THE HEADLIGHT BULB—THE SIZE OF YOUR INDEX FINGER-—AND COSTING $50 & MORE IS PLACED SUCH THAT THE CAR HAS TO GO TO THE DEALER: WHY???
BECAUSE TO CHANGE THAT BULB-—YOU MUST REMOVE & REPLACE THE FENDER : AT LABOR PRICES HOVERING AROUND $150 +++ AN HOUR.
I AM NOT KIDDING—KIA & HYUNDAI....
YOUR TIRES HAVE ‘PRESSURE SENSORS” IN THEM——AND OTHER SUCH ITEMS THAT CAN HALT THE CAR ANYWHERE AT ANY TIME & LEAVE YOU STRANDED.
THANK YOU-—BUT NO THANKS:
I CAN SEE VISUALLY IF I HAVE A TIRE ISSUE. I ALSO HAVE A PRESSURE GAUGE—PROBABLY COST AROUND $20—A READABLE CIRCULAR GAUGE TYPE-—NOT A “STICK TYPE”-—WORKS FINE.
I CAN CHECK & REFILL MY BATTERY AS NEEDED
I CAN CHECK OTHER FLUIDS JUST AS EASILY
I DO NOT NEED HEATED SEATS OR STEERING WHEEL
I DO NOT NEED BACK UP CAMERAS—AND I CAN BACK UP TO HITCH UP MY 4 HORSE TRAILER JUST FINE., THANK YOU.
MOST OF ALL, I DO NOT NEED TO SPEND $50,000 OR MORE FOR A CAR THAT SEEMS TO REQUIRE THE SKILLS OF A JET FIGHTER PILOT TO OPERATE.
HAVE OWNED MY OWN CARS SINCE AGE 18-—AND INCLUDING ALL THOSE CARS PLUS A 2 HORSE TRAILER & A 4 HORSE TRAILER-—I DO NOT THINK I HAVE SPENT A TOTAL OF $50,000....4 HORSE TRAILER WAS CUSTOM BUILT & BRAND NEW & WAS ABOUT $10,000. MOST EXPENSIVE VEHICLE WAS USED 1 TON TRUCK FOR $4000. NEXT== BRAND NEW 1965 PONTIAC WAGON WAS $3434 OUT THE DOOR AT SCOTT ROBINSON PONTIAC IN TORRANCE, CALIF. STILL DRIVING 1979 BUICK I BOUGHT USED IN 1981 FOR $3500.
DON’T EVEN GET ME STARTED ON REGISTRATION COSTS & INSURANCE-—ESPECIALLY WITH SO MANY UNINSURED DRIVER’S EVERYWHERE WHO CANNOT READ OR SPEAK ENGLISH WHO ARE DRIVING.
NO WONDER CAR LOANS ARE FALLING BEHIND...
MY LAST CAR PAYMENT WAS AUGUST 1984...AND I DO NOT MISS THEM.
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