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‘Tip of the negative equity iceberg’: A record number of Americans are grappling with $1,000 car payments and many drivers can't keep pace — stay ahead by dodging these 2 loan mistakes
monewise via msn ^
| 2/24/23
| Bethan Moorcraft
Posted on 02/26/2023 2:25:29 PM PST by RomanSoldier19
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To: RomanSoldier19
Oh, it’s probably going to get a lot more interesting than this in regards to prices, interest rates, jobs, crime (drugs) and other things. I wonder how many people know that populism is dead again, too. Pride goes before the fall.
101
posted on
02/26/2023 4:31:33 PM PST
by
familyop
("For they that sleep with dogs, shall rise with fleas" (John Webster, "The White Devil" 1612).)
To: RomanSoldier19
Oh, it’s probably going to get a lot more interesting than this in regards to prices, interest rates, jobs, crime (drugs) and other things. I wonder how many people know that populism is dead again, too. Pride goes before the fall.
102
posted on
02/26/2023 4:31:33 PM PST
by
familyop
("For they that sleep with dogs, shall rise with fleas" (John Webster, "The White Devil" 1612).)
To: Roadrunner383
“Average new car price in the U.S. in Jan 2023 was $49,200 according to the Kelly Blue book folks.”
I keep seeing these numbers but those vehicles must be mostly trucks or cars with a lot of extras on them.
My dealer’s inventory has a lot of new vehicles for sale under $30,000.
103
posted on
02/26/2023 4:31:44 PM PST
by
cgbg
(Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
To: entropy12
I quit taking my vehicles to repair shops because they screw it up even when you tell them exactly what to do. And anymore the fact that there is a high likelihood of the new (chinesium) part being bad right out of the box hasn’t helped.
And they try to charge exorbitant amounts of money for trivial tasks. The last time I tried to take a vehicle to a shop they wanted $500 in labor for a repair that involved four bolts.
On the rare occasion I find a decent mechanic they always seem to be mere months from retirement and the next time I go in its “Larry, Moe, and Curly Automotive” all over again.
To: RomanSoldier19
Don’t look in the trunk...
105
posted on
02/26/2023 4:35:22 PM PST
by
Organic Panic
(Democrats. Memories as short as Joe Biden's eyes)
To: ChildOfThe60s
I just rented a Budget vehicle, in Phoenix, for $258 for six days. A Nissan Rogue. I drove it 908 miles.
106
posted on
02/26/2023 4:39:17 PM PST
by
blackdog
((Z28.310) Forget "Global Warming", new grants are for "Galaxy Dimming")
To: EvilCapitalist
“ Maybe people trying to buy BMW’s on a Ford Focus budget.”
Too many people buy $60,000 pickups as well
Very few people need that
107
posted on
02/26/2023 4:43:26 PM PST
by
HereInTheHeartland
(Have you seen Joe Biden's picture on a milk carton?)
To: ChildOfThe60s
Get the corporate rate. The oppressors seem to fare well. I have another trip out of an arrival in Seattle going out to Widbey Island and the rate is less than $48 per day. Unlimited mileage. March 4th thru 9th.
108
posted on
02/26/2023 4:44:20 PM PST
by
blackdog
((Z28.310) Forget "Global Warming", new grants are for "Galaxy Dimming")
To: SaveFerris
When a car runs $40,000 and you have a 5 year loan this kind of a payment is normal, people are INSANE to get under this kind of debt for a damn car!!! The minute you drive it off the lot it loses value!!
To: dragnet2
Three cars. 2002, 2006, 2008. All paid off many years ago.
110
posted on
02/26/2023 4:56:11 PM PST
by
Robert A Cook PE
(Method, motive, and opportunity: No morals, shear madness and hatred by those who cheat.)
To: Round Earther
Ordinary f_____g people, I hate them.
![](https://2.bp.blogspot.com/-IfhYKnzX7KE/V6znJgHp5dI/AAAAAAAAEs8/BgOhIWI4IEwMZLx5_oRBaPVssT11MvPVgCLcB/s1600/repo%2Bcode%2B2.JPG)
Greatest movie soundtrack ever.
111
posted on
02/26/2023 4:56:47 PM PST
by
DoodleBob
( Gravity’s waiting period is about 9.8 m/s²)
To: jimwatx; Lazamataz; MHGinTN; governsleastgovernsbest
Mortgage up here was 1200.00 per month for a 150,000.00 dollar 3000 Sq ft house in 1989. 4 bedroom. Paid that mortgage off 12 years ago. Only taxes since then. New roof, new garage doors, outside painting for maintenance costs.
112
posted on
02/26/2023 5:00:13 PM PST
by
Robert A Cook PE
(Method, motive, and opportunity: No morals, shear madness and hatred by those who cheat.)
To: Disambiguator
It’s a late 1990s
No new parts in the system
It will have to be salvage yard body parts. A woman hit my car.
113
posted on
02/26/2023 5:09:32 PM PST
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: WinMod70
114
posted on
02/26/2023 5:10:22 PM PST
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: entropy12
Yep or vice versa
Wall steel decline, less jobs, layoffs
115
posted on
02/26/2023 5:11:29 PM PST
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: Trump Girl Kit Cat
116
posted on
02/26/2023 5:13:01 PM PST
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: blackdog
117
posted on
02/26/2023 5:18:07 PM PST
by
ifinnegan
(Democrats kill babies and harvest their organs to sell)
To: DoodleBob
“Greatest movie soundtrack ever.”
It is.
To: ifinnegan
My last $3000 car has lasted eleven years and cost me three oil changes and one wheel bearing. Nothing else but gasoline.
119
posted on
02/26/2023 5:24:18 PM PST
by
blackdog
((Z28.310) Forget "Global Warming", new grants are for "Galaxy Dimming")
To: RomanSoldier19
Gee, and who forced them to make moronic economic decisions?
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