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Trump Administration is reportedly working on 15 year car loans

Posted on 11/10/25 at 4:43 pm
Posted by stout
Porte du Lafitte
Member since Sep 2006
178858 posts
Posted on 11/10/25 at 4:43 pm
50-year mortgage
20-year student loans
20-year boat loans
15-year car note
$30K per year health insurance for a family of 4


The future sounds so awesome!




This post was edited on 11/10/25 at 4:43 pm
Posted by billjamin
Houston
Member since Jun 2019
16236 posts
Posted on 11/10/25 at 4:44 pm to
I have no clue who in their right mind would underwrite these.
Posted by SallysHuman
Lady Palmetto Bug
Member since Jan 2025
11884 posts
Posted on 11/10/25 at 4:44 pm to
You will own nothing.
Posted by GreatLakesTiger24
Member since May 2012
58664 posts
Posted on 11/10/25 at 4:44 pm to
I can maybe hear a case for a 50 year mortgage

15 year auto is insane
Posted by THRILLHO
Metry, LA
Member since Apr 2006
50132 posts
Posted on 11/10/25 at 4:46 pm to
Luckily I don't have to worry about car loans. My Reddit moderator job allows me to work from home, and my Uber Eats delivery orders have reasonable financing rates.
Posted by ragincajun03
Member since Nov 2007
27083 posts
Posted on 11/10/25 at 4:46 pm to
SWEET!

I can finance my $150k jacked up Raptor for 15 years, and have some leftover cash for a downpayment on massive truck nuts.
Posted by LSUballs
RayVegas LA
Member since Feb 2008
39786 posts
Posted on 11/10/25 at 4:47 pm to
Posted by BluegrassBelle
RIP Hefty Lefty - 1981-2019
Member since Nov 2010
105832 posts
Posted on 11/10/25 at 4:47 pm to
Get it paid off in just enough time to have to buy another car. While also paying twice it's value in interest. Sounds fantastic.
Posted by Bjorn Cyborg
Member since Sep 2016
33750 posts
Posted on 11/10/25 at 4:47 pm to
quote:

I can maybe hear a case for a 50 year mortgage


If you are planning to move within 5 years, there’s nothing wrong with it. But it should just be interest only. Let’s not pretend you are actually paying down any principal.



Posted by VaBamaMan
North AL
Member since Apr 2013
8010 posts
Posted on 11/10/25 at 4:49 pm to
quote:

50-year mortgage
20-year student loans
20-year boat loans
15-year car note


Like with college degrees, prices will just skyrocket. this does NOT help the little man.
Posted by NawlinsTiger9
Where the mongooses roam
Member since Jan 2009
38191 posts
Posted on 11/10/25 at 4:50 pm to
Man those arse whoopins last Tuesday have these boys scrambling for some affordability
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
58473 posts
Posted on 11/10/25 at 4:53 pm to
Sure, why not
Posted by White Bear
SPECULATION
Member since Jul 2014
17120 posts
Posted on 11/10/25 at 4:53 pm to
So, what’s my payment gone be?
Posted by WestCoastAg
Member since Oct 2012
149255 posts
Posted on 11/10/25 at 4:54 pm to
this is what i voted for
Posted by stout
Porte du Lafitte
Member since Sep 2006
178858 posts
Posted on 11/10/25 at 4:56 pm to
quote:

Man those arse whoopins last Tuesday



You mean where blue cities/states elected Dems like everyone anticipated?

Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
94556 posts
Posted on 11/10/25 at 4:57 pm to
Maybe I can finally afford that Carrera at $1k a month for 15 years.


Posted by iwyLSUiwy
I'm your huckleberry
Member since Apr 2008
40361 posts
Posted on 11/10/25 at 4:57 pm to
180 month truck payment joke is going to be real

80k vehicle.
180mo.
6% rate
4.45 state tax
2.5k title and registration.

That comes out to $725.38 a month with a grand total of $130,568.5.

Not bad.
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
58473 posts
Posted on 11/10/25 at 4:57 pm to
True, but there were some local elections in GA and NC that didn't go well
Posted by GREENHEAD22
Member since Nov 2009
20471 posts
Posted on 11/10/25 at 4:57 pm to
The fact that he is pushing this shows he is no different than any other politician or a-hole elite.

He is part of the plan, you will own nothing and have no true freedoms.
Posted by NawlinsTiger9
Where the mongooses roam
Member since Jan 2009
38191 posts
Posted on 11/10/25 at 4:58 pm to
quote:

You mean where blue cities/states elected Dems like everyone anticipated?




Sure pal, that’s all it was. Nothing to see here.
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