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re: Southerners load up on car loan debt

Posted on 11/19/13 at 6:34 am to
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8589 posts
Posted on 11/19/13 at 6:34 am to
quote:

I also see quite a few range rovers, mercedes and jaguars driven by people who... let's just say... don't look like they can necessarily afford them in my great hometown of Shreveport.


To be fair- there are a lot of new millionaires in the area after the Haynseville, and not many of them bought new Armani suits to go with their jags. There are probably also a lot of 10-15 year loans on some Chrysler 300's.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89786 posts
Posted on 11/19/13 at 9:12 am to
quote:

There are probably also a lot of 10-15 year loans on some Chrysler 300's.


Might as well burn your money for heat.

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