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Message

Is it Really That Bad Out There?
Posted on 8/19/24 at 8:03 pm
Posted on 8/19/24 at 8:03 pm
I swear I see 20+ new models of vehicles that go for $90k+ every day driving around town 
Posted on 8/19/24 at 8:09 pm to DVinBR
Gotta get you that $1,100/month payment for just 84 months if you want to keep up with Braxton's Mom and Dad, baw.
Posted on 8/19/24 at 8:12 pm to DVinBR
Blows my mind as well.
And , yes, I understand there are high earners, but only like 5% of Louisiana households make more than $200k; 23% make more than $100k
And yes - the $1000 payments- but they must be paying them.. how?
And , yes, I understand there are high earners, but only like 5% of Louisiana households make more than $200k; 23% make more than $100k
And yes - the $1000 payments- but they must be paying them.. how?
Posted on 8/19/24 at 8:13 pm to xBirdx
I don’t get it either. We make a decent HH income and I feel like we never have money for anything.
Posted on 8/19/24 at 8:13 pm to Witty_Username
$1,000 car note, $500 trailer rental note.
Posted on 8/19/24 at 8:14 pm to DVinBR
How many of those people paid cash?
Posted on 8/19/24 at 8:15 pm to CocomoLSU
quote:
We make a decent HH income and I feel like we never have money for anything
shite we bring home over 200k, have no car payments, and with 3 kids I'm like, "where'd the money go"
Posted on 8/19/24 at 8:17 pm to DVinBR
We started sending our kids to public school so my wife could get the new Grand Wagoneer.
Posted on 8/19/24 at 8:18 pm to xBirdx
quote:
the $1000 payments- but they must be paying them.. how?
That's what I don't get. I watch my money pretty strictly. My wife and I may not be in the top 5%, but we would be in the top 10% most likely. We aren't "struggling" most of the time, but we have had some rough times. Neither of us could or would even try to afford a $1K car note. People must be leveraged on credit up to their eyeballs, at least that's what I assume.
Posted on 8/19/24 at 8:19 pm to DVinBR
You’re talking to the same board that buys their ole’ lady a new Navigator in cash but balks at chicken tender prices
Posted on 8/19/24 at 8:21 pm to BoogaBear
quote:
shite we bring home over 200k, have no car payments, and with 3 kids I'm like, "where'd the money go"
Thank goodness I’m not alone. But we have paid half the tuition for the year and gone one two trips since February. So I know where mine goes.
Posted on 8/19/24 at 8:23 pm to DVinBR
Where are y’all?
I see a bunch of cheaper suvs and a shite load of beaters.
Every once in a while I’ll see a Tesla in town.
But it’s usually someone with a bumper hanging on or have one of their lights out.
shite my parents both drive a Hyundai.
I see a bunch of cheaper suvs and a shite load of beaters.
Every once in a while I’ll see a Tesla in town.
But it’s usually someone with a bumper hanging on or have one of their lights out.
shite my parents both drive a Hyundai.
Posted on 8/19/24 at 8:24 pm to NIH
My trick for vehicles is drive mine until it dies and by off lease low mileage nice suv's...'13 silverado and '19 gle with 25k miles
Posted on 8/19/24 at 8:27 pm to DVinBR
I planned everything to a "T" as far as cold cash my house to save on the mortgage, reserves to keep healthcare low and then GI helps. Holy shite the car prices are so insane that nobody should be paying that ever.
Posted on 8/19/24 at 8:29 pm to AbitaFan08
quote:I do but it isn't so hard when everything else is paid off. Spending my kid's inheritance is pretty easy.
How many of those people paid cash?
Posted on 8/19/24 at 8:31 pm to Redbone
quote:
I do but it isn't so hard when everything else is paid off. Spending my kid's inheritance is pretty easy.
Dad?
Posted on 8/19/24 at 8:36 pm to DVinBR
This was several months ago but there is this dude I know of who has a new Silverado HD who bought a new house within the past year and a half.. Dude is always decked out in ralph lauren clothes.. Anyway, evidently he was at his kids (3 kids) school begging for away to pay less every month (i thought people pay by the year?)..
You can't go somewhere with relatively expensive close on in your new $80k truck and beg your kids school to work out away you can pay less and expect them to come to some agreement,
You can't go somewhere with relatively expensive close on in your new $80k truck and beg your kids school to work out away you can pay less and expect them to come to some agreement,
Posted on 8/19/24 at 8:36 pm to xBirdx
quote:
Blows my mind as well. And , yes, I understand there are high earners, but only like 5% of Louisiana households make more than $200k; 23% make more than $100k And yes - the $1000 payments- but they must be paying them.. how?
I’ve been buying nice cars and trucks for a long time so I usually have a good trade and put money down so my payments are not bad.
I think my 2022 F250 payment was like $300 a month for 60 months but I paid it off in 5 months.
Posted on 8/19/24 at 8:40 pm to Rize
Traded the 2017 F-250 for the 2022 for like 20K. Never gonna get a deal like that again...
Posted on 8/19/24 at 8:47 pm to N2cars
quote:
Traded the 2017 F-250 for the 2022 for like 20K. Never gonna get a deal like that again...
Yeah it was during Covid. I put 12k down and financed 10k for 60 months
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