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To: LesbianThespianGymnasticMidget
Bad debts are written off.
2 posted on
11/14/2019 2:10:36 PM PST by
goldstategop
(In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
To: LesbianThespianGymnasticMidget
I’ve been waiting to pick up a lightly used SUV cheap.
4 posted on
11/14/2019 2:12:56 PM PST by
PGR88
Perhaps if the stopped giving loans to delinquents, there would be fewer delinquent loans
6 posted on
11/14/2019 2:15:56 PM PST by
dsrtsage
(Complexity is merely simplicity lacking imagination)
To: LesbianThespianGymnasticMidget
How much of that is from loans to “protected groups” who cannot be turned down lest the lender face discrimination lawsuits?
8 posted on
11/14/2019 2:16:53 PM PST by
PapaBear3625
("Those who can make you believe absurdities, can make you commit atrocities." -- Voltaire)
To: LesbianThespianGymnasticMidget
All you have to do is observe what’s parked at Walmart to know how bad this problem is.
How the lenders are making money is baffling to me.
10 posted on
11/14/2019 2:17:12 PM PST by
Mariner
(War Criminal #18)
To: LesbianThespianGymnasticMidget
What’s the point to this doom and gloom article?
Should the government step in and regulate auto industry interest rates? How about debt forgiveness like socialists want for student loans?
The real problem today in the auto industry is NOT subprime loans.
It’s the fact that a new car today has an average sale price of over 35,000 bucks. Even middle class 700 plus FICO scoring Americans who could buy these cars - Aren’t.
To: LesbianThespianGymnasticMidget
I wonder what the ethnic makeup and citizenship status of most of the owner's of these new car loans are?
No bailouts...
18 posted on
11/14/2019 2:26:31 PM PST by
Envisioning
(Carry safe, always carry, everyday, everywhere.)
To: LesbianThespianGymnasticMidget
Save cash. Pay cash. Save cash.
19 posted on
11/14/2019 2:27:00 PM PST by
coaster123
(Distrust everyone under fifty.)
To: LesbianThespianGymnasticMidget
But its a Golden Age for the repo business.
20 posted on
11/14/2019 2:27:11 PM PST by
Buckeye McFrog
(Patrick Henry would have been an anti-vaxxer)
To: LesbianThespianGymnasticMidget
Gonna be lots of cheap, slightly used cars soon. I don’t trust the owners so I won’t buy one, but college kids and poor folks are going to have a bonanza.
28 posted on
11/14/2019 2:43:47 PM PST by
Freedom_Is_Not_Free
(What profits a man if he gains the world but loses his soul?)
To: LesbianThespianGymnasticMidget
I see alot of people driving new looking SUVs and wonder how they can afford them. Maybe they can't.
30 posted on
11/14/2019 2:45:26 PM PST by
McGruff
(Does no one is above the law apply to Democrats?)
To: LesbianThespianGymnasticMidget
My old man would pick up a car for 100-200 bucks, tinker with it if it needed tinkering and do just fine. When the car died, it was no big deal to replace it. No bankers needed. Simpler times.
To: LesbianThespianGymnasticMidget
Hmmm, could use a new work truck. I wonder if the price of used stuff will come down?
35 posted on
11/14/2019 2:48:27 PM PST by
TalBlack
(Damn right I'll "do something" you fat, balding son of a bitc)
To: LesbianThespianGymnasticMidget
37 posted on
11/14/2019 2:50:17 PM PST by
JohnnyP
(Thinking is hard work (I stole that from Rush).)
To: LesbianThespianGymnasticMidget
Those $85K F-150’s must have something to do with it.
To: LesbianThespianGymnasticMidget
The diversity-finance complex crashed the world economy in 2008. The profits must be astounding because it looks like a repeat.
To: LesbianThespianGymnasticMidget
No sleep for the Repo Man.
47 posted on
11/14/2019 3:06:00 PM PST by
Trumpnado2016
(Welcome to Trump World.)
To: LesbianThespianGymnasticMidget
Good. Im starting to look for a good used car. A little higher-end at a lower price is just gravy.
GO REPOMAN!
48 posted on
11/14/2019 3:06:31 PM PST by
VanShuyten
("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals.")
To: LesbianThespianGymnasticMidget
Da ja vu all over again.
Spelt wrong, Yogi forgives me.
49 posted on
11/14/2019 3:07:30 PM PST by
hadaclueonce
( This time I am Deplorable)
To: LesbianThespianGymnasticMidget
Thanks to over regulation, cars are becoming unaffordable, as planned.
62 posted on
11/14/2019 3:39:21 PM PST by
fruser1
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