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Started By
Message
1
Posted on 12/2/23 at 8:34 am to SlowFlowPro
So how are they being forced specifically?
Posted on 12/2/23 at 8:35 am to CaptainsWafer
quote:
Our 2015 4Runner is long paid off and we’re going to drive it into the ground. Who is paying these prices?!
One paid off one paid off may 2024
Will drive in ground lol
Posted on 12/2/23 at 8:36 am to CaptainsWafer
quote:
This is where everyone who is poor on the OT fronts and talks about how their cars are paid off and they’ll drive their 2007 into the ground before buying new.
FIFY
Posted on 12/2/23 at 8:38 am to SDVTiger
quote:
So how are they being forced specifically?
Experts warn of credit card debt crisis as potential record holiday spending threatens uncertain economy
Credit card balances spiked in the third quarter to a $1.08 trillion record.
etc etc
People are drowning financially
Posted on 12/2/23 at 8:41 am to SlowFlowPro
Dealerships should accept EBT and WIC cards.
Posted on 12/2/23 at 8:42 am to el Gaucho
Really said that Chevy or jeep can’t manufacture a better product. I’ve owned Toyota and Honda, I’ve also owned ford and Chevy. There is no comparison.
Posted on 12/2/23 at 8:43 am to SlowFlowPro
quote:
People are drowning financially
Then they thats there own fault. No one is forcing them to refi. They could BK just as easily or just let the debt go and keep the 3%
Posted on 12/2/23 at 8:44 am to hillrosetiger
quote:
Really said that Chevy or jeep can’t manufacture a better product. I
Why did you limit this to just Chevy or Jeep?
quote:
I’ve owned Toyota
2022 Tundra
2022 Corolla
2022 Tundra
quote:
and Honda
2022 Passport
Posted on 12/2/23 at 8:44 am to nicholastiger
Planned obsolescence
Posted on 12/2/23 at 8:45 am to SlowFlowPro
quote:
People are drowning financially
Because they refuse to cut back
The same people drowning are still going on vacations, going out to eat several times a week, buying tons of shite for christmas, etc
This post was edited on 12/2/23 at 8:46 am
Posted on 12/2/23 at 8:47 am to SDVTiger
quote:
No one is forcing them to refi. They could BK j
Classic.
quote:
or just let the debt go
Most of these people are professionals not judgment proof leeches.
All the Covid printing in 2020 and the mega inflation it caused, along with salaries being stagnant, has put the majority of Americans in -EV financial situations. Add in the shitty policies post-2008 regarding interest rates to create effectively inflation in order to counter the deflation our economy needed, and here we are.
The point is that prices are too high. Cars, houses, etc. Deflation is needed again.
Posted on 12/2/23 at 8:48 am to SlowFlowPro
what do you mean the only way we can save the environment and Palestinian children is to give money to Ukraine, that's the only way to fix inflation.
Posted on 12/2/23 at 8:49 am to CaptainsWafer
quote:
This is where everyone who is poor on the OT fronts and talks about how their cars are paid off and they’ll drive their 2015 into the ground before buying new.
Conveniently…
I replaced the transmission in my F-150 this week instead of purchasing a new vehicle. I’m not paying 15k more for the same vehicle coupled with a 6-9% interest rate.
Much cheaper to pay the 10k for the transmission.
Posted on 12/2/23 at 8:49 am to Cosmo
Most Americans are morons when it comes to finances. They stretch themselves financially.
Posted on 12/2/23 at 8:49 am to SlowFlowPro
quote:
2022 Chevy Silverado
Days on market: 324
Miles: 0
Price: $50,035
No one wants a 4 cylinder full size pick up. Damn government regulations
Posted on 12/2/23 at 8:49 am to Cosmo
quote:
Because they refuse to cut back
The same people drowning are still going on vacations, going out to eat several times a week, buying tons of shite for christmas, etc
I'm not saying they're engaging in perfect decision-making; just discussing how the macro is affecting the impacts of that DM.
That's ultimately a tomato-tomato scenario. If they cut back on those things, it would have similar macro issues b/c spending in general needs to decrease (which will force prices down, ultimately). This applies to cars, houses, vacations, restaurants, drip, phones, streaming services, etc.
Posted on 12/2/23 at 8:49 am to SlowFlowPro
quote:
Classic
Whats classic? Is that not an option?
So they are not being forced they chose to get into this position and now are choosing to refi
quote:
All the Covid printing in 2020
I knew you would slip in your TDS
This post was edited on 12/2/23 at 8:51 am
Posted on 12/2/23 at 8:50 am to ninthward
quote:
what do you mean the only way we can save the environment and Palestinian children is to give money to Ukraine, that's the only way to fix inflation.
Posted on 12/2/23 at 8:52 am to SDVTiger
quote:
Whats classic? Is that not an option?
It's a worse option and likely not an option.
quote:
So they are not being forced they chose to get into this position and now are choosing to refi
If they want to keep their homes, cars, etc., it's not much of a choice.
Homes and cars need a crash to offset this post-2020 (and 2009) imbalance.
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