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Started By
Message
re: The Great Car Bubble
Posted on 8/6/23 at 12:52 pm to whatshisface
Posted on 8/6/23 at 12:52 pm to whatshisface
quote:
you should be able to claim the expenses or mileage on your taxes.
Can't do that anymore thanks to Trump's tax hikes. Maybe you guys should know what you are voting for next time.
0
Posted on 8/6/23 at 1:34 pm to rintintin
quote:
Sure, but never has there been a time where more people are paying over $1k for car notes. And wages are not increasing that fast.
Throw inflation into the mix causing people to put basic household necessities on 20%+ interest credit cards, the fact that 2 of every 3 families are living paycheck to paycheck, and you have a recipe for disaster in another year or two when the CCs are maxed and there is nowhere left to get that money from.
When it all comes unraveled it will happen fast and it will be ugly.
Posted on 8/6/23 at 1:41 pm to ShoeBang
quote:
If he’s smart
quote:
put 10k+ down
quote:
interest was super low
Posted on 8/6/23 at 1:44 pm to AUFANATL
quote:
These people are going to be so screwed when they age out of the workforce
WE’RE going to be so screwed when they age out of the workforce…. FIFY
don’t think for a second that the DemonCrats won’t take care of them at the expense of the responsible citizens… they have already floated the idea of means testing social security to eliminate benefits for “wealthy” people that have 401k’s and other savings…
Posted on 8/6/23 at 1:47 pm to rintintin
I won't do more than $500 a month on a car payment.
Posted on 8/6/23 at 1:51 pm to Klondikekajun
quote:
they have already floated the idea of means testing social security to eliminate benefits for “wealthy
As we should be. And eliminating the cap.
But those would work to save Social Security, so Republicans won't do that.
Posted on 8/6/23 at 1:57 pm to CaptainBrannigan
quote:
As we should be. And eliminating the cap.
The contribution cap is not the issue- fine raise it…. They are trying to reduce BENEFITS based on other accumulated assets. Responsible people work and plan around have a certain SS benefit, then have that amount reduced because they saved elsewhere instead of driving the new F-250….
Typical government logic
Posted on 8/6/23 at 2:12 pm to CaptainBrannigan
quote:
CaptainBrannigan
Get your political drivel out of here, grownups are talking.
Posted on 8/6/23 at 2:17 pm to rintintin
quote:
grownups are talking.
Bitch you are sky screaming
Posted on 8/6/23 at 2:19 pm to CaptainBrannigan
quote:
As we should be. And eliminating the cap
Social security is a Ponzi scheme.
Posted on 8/6/23 at 2:25 pm to notiger1997
quote:
It’s fcking killing me thinking about these prices
Some drunk fricktard totaled our parked car, and we had no choice but to bite the bullet about a year ago.
Used cars were not much cheaper (if at all cheaper) than new at that time. And inventory was low.
Posted on 8/6/23 at 2:37 pm to notiger1997
quote:
Mine was $325 and the wife’s was $425 and both have now been paid off in the past three months.
And it feels good, doesn’t it ?
Posted on 8/6/23 at 3:35 pm to ElderTiger
I paid 43,000 for my Tundra in 21, dealership has offered to buy it back multiple times since I paid it off for not much less than that.
Was car shopping for my wife yesterday and they tried to sell us a Jeep Gladiator for 63,000.
Was car shopping for my wife yesterday and they tried to sell us a Jeep Gladiator for 63,000.
This post was edited on 8/6/23 at 3:42 pm
Posted on 8/6/23 at 3:37 pm to notiger1997
My five-year monthly car payment was $150. Put $10K cash down.
Posted on 8/6/23 at 6:08 pm to CaptainBrannigan
quote:
As we should be. And eliminating the cap.
Absolutely not. What an absolutely idiotic thing to say. If you paid in to social security, you should get that back.
They should let people opt out from paying in to it.
Posted on 8/6/23 at 6:41 pm to CaptainBrannigan
quote:
Bitch you are sky screaming
You're an angry little elf. Sorry to trigger you.
Posted on 8/6/23 at 6:45 pm to rintintin
smart people buy cheap cars, focus on early retirement, then buy new vehicles
Posted on 8/6/23 at 6:45 pm to rintintin
I’ve bought every vehicle I’ve ever owned with cash. Idk if that’s a good thing or not to be honest.
I needed a new vehicle during Covid and bought a Nissan Frontier work truck for $7000 It was the first vehicle I’ve ever owned that had a backup camera or Bluetooth. I will drive this thing until it dies on me.
I’m psychotically cheap when it comes to luxuries for myself but I do not understand folks today and their car notes. I had a roommate a couple years ago paying just under $700 to LEASE a fricking Camry. Makes me sick just thinking about it.
I needed a new vehicle during Covid and bought a Nissan Frontier work truck for $7000
It was the first vehicle I’ve ever owned that had a backup camera or Bluetooth. I will drive this thing until it dies on me. I’m psychotically cheap when it comes to luxuries for myself but I do not understand folks today and their car notes. I had a roommate a couple years ago paying just under $700 to LEASE a fricking Camry. Makes me sick just thinking about it.
This post was edited on 8/6/23 at 6:46 pm
Posted on 8/6/23 at 6:51 pm to ReauxlTide222
quote:
I’ve bought every vehicle I’ve ever owned with cash. Idk if that’s a good thing or not to be honest.
I’m 38, and have been married with kids for 13 years. I have only bought 2 vehicles since being married and 3 total. Gonna make it 4 soon due to work requirements but I’m currently driving a 10 year old vehicle which was the first we bought as a married couple after my 16 year old truck that I bought new and paid off in 4yrs died on me not too long ago.
You aren’t crazy. It’s a legitimate way to keep costs down and build wealth.
Posted on 8/6/23 at 6:51 pm to CaptainBrannigan
quote:Wait, you think people should pay into social security and never get their money back?
As we should be
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