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re: Trump Administration is reportedly working on 15 year car loans
Posted on 11/10/25 at 6:38 pm to SlowFlowPro
Posted on 11/10/25 at 6:38 pm to SlowFlowPro
There are conservatively hundreds of posters here that would finance their old lady’s SUV or their f250 for 15 years as soon as available
1
Posted on 11/10/25 at 6:45 pm to stout
$30k for health insurance is insane.
Posted on 11/10/25 at 6:49 pm to SelaTiger
quote:
Trump, a true champion for the working man. 50 year home loans and 15 year car loans. He will push for laws making it mandatory half the interest on these loans go to Israel.
It’s been incredible to watch Trump just burn up all the good will he had within a year of being elected. Wtf is he doing
Posted on 11/10/25 at 6:54 pm to Dixie2023
quote:
$30k for health insurance is insane.
Obamacare is a failure
Posted on 11/10/25 at 6:55 pm to Earnest_P
He had a somewhat stable group of advisers and cabinet in his first term and operated within the normal parameters of a Republican president. Now he’s blatantly beholden to donors and fringe idiots. The irony is if he had won in 2020 the leftists would probably be in power now and the second term would’ve been far better for everyone.
Posted on 11/10/25 at 7:03 pm to GreatLakesTiger24
quote:
can maybe hear a case for a 50 year mortgage
15 year auto is insane
Mortgage somewhat makes sense, especially for the lender, because the property will always exist.
Car loan makes no sense. Anyone taking out a loan that long isn't a qualified borrower and the vehicle will likely be in the junk yard before the balance is paid.
Posted on 11/10/25 at 7:10 pm to stout
They are bringing more options to the market that no one is obligated to use but some of y’all will bitch about anything and everything.
Posted on 11/10/25 at 7:11 pm to TheePalmetto
quote:
They are bringing more options to the market that no one is obligated to use but some of y’all will bitch about anything and everything.
Because government involving itself in things like this is not for the better.
Anyone can see this will drive up the prices for vehicles.
Only thing this does is help big banks
Posted on 11/10/25 at 7:15 pm to UltimaParadox
quote:
Because government involving itself in things like this is not for the better.
News flash: the government has been involved in shite for way too long anyways, at least they are finally working with private enterprise on something that can benefit those who need it.
Lot of free market conservatives sure hate the free market.
Posted on 11/10/25 at 7:16 pm to UltimaParadox
quote:
Only thing this does is help big banks
I don’t think the banks even want these. The default risk profile on these will be bananas. Idk how you even start to think about financing something for longer than it’s service life.
This post was edited on 11/10/25 at 7:16 pm
Posted on 11/10/25 at 7:20 pm to holdmuh keystonelite
quote:
Even if he really wanted to he knows it would never pass.
Aguendo the admin is actually "working" on 15y car loans:
What do you mean by pass? While it is possible that some states have limits on loan length there is no federal limit. This is something left up to lenders. I have watched average car loans creep up from 48 months to 72 months now with longer periods available. If they are working on it it is working with lenders to provide those loans. No matter what 180m loans will be expensive because at 10 years lenders will be holding paper on vehicles with over 150k miles that have almost no residual value.
Posted on 11/10/25 at 7:23 pm to stout
Thanks Trump.
Posted on 11/10/25 at 7:28 pm to TheePalmetto
quote:
News flash: the government has been involved in shite for way too long anyways, at least they are finally working with private enterprise on something that can benefit those who need it.
There are cheap used cars out there. All this does is allow people to buy new cars at insane prices
Posted on 11/10/25 at 7:29 pm to UltimaParadox
quote:
All this does is allow people to buy new cars at insane price
Used cars too. 1990s diesel F250s gonna be 60k now
Posted on 11/10/25 at 7:33 pm to NawlinsTiger9
quote:
Sure pal, that’s all it was. Nothing to see here.
How’s that shutdown working for the Dems tonight?
Posted on 11/10/25 at 7:36 pm to UltimaParadox
quote:
here are cheap used cars out there.
What never gets mentioned is the damage "cash for clunkers" did to the cheap used care market.
They took millions of cheap cars many buyers relied on away from the market which drove up prices.
This post was edited on 11/10/25 at 7:38 pm
Posted on 11/10/25 at 7:38 pm to stout
He will probably make them all government backed like a student loan and the prices will triple.
Posted on 11/10/25 at 7:40 pm to GREENHEAD22
quote:
He is part of the plan
Said this from day one. GWB III.
Posted on 11/10/25 at 7:41 pm to stout
If it wasn’t for Dems love of mass migration, Trump wouldn’t have won. He is largely a moron
Posted on 11/10/25 at 7:45 pm to tigerinthebueche
I mean I’m happy it’s over especially with the compromises that were agreed to 
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