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re: I can’t help but think a lot of people driving newer cars with upside down loans

Posted on 5/9/24 at 7:34 am to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
263070 posts
Posted on 5/9/24 at 7:34 am to
quote:


Instead, it is $47k.


Yet, there are many viable vehicles you can buy under 47k.

People just dont have restraint.
Posted by Scruffy
Kansas City
Member since Jul 2011
72364 posts
Posted on 5/9/24 at 7:36 am to
quote:

Yet, there are many viable vehicles you can buy under 47k.
In 1992, if the average was $16k, there were many viable options below that number.

Still sounds significantly better.
Posted by dandan
Member since Nov 2007
4364 posts
Posted on 5/9/24 at 7:40 am to
Yeah I can’t get on board with paying 50K for a car. I would rather spend it/invest on something else.
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