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Matt Monson Matt Monson is online now
gearhead
 
Join Date: Nov 2007
Location: Loverland, CO
Posts: 23,650
Quote:
Originally Posted by 1979-930 View Post
I think it goes back to the fact most Americans suck at managing money.
You have all these people that are now pulling in $1,100.00 a week and think they can now afford a new car.
They are to daft to realize the extra money is only here for a few months of that 72 month loan.
You highlight another problem. 72 month loan? no credit arseclowns used to get 48 or 60 month loans. The rest of the world car loans were 2-3 years, sometimes 4. The idea of paying interest that long is beyond me.
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1974 914 Bumble Bee
2009 Outback XT
2008 Cayman S shop test Mule
1996 WRX V-limited 450/1000
Old 05-19-2020, 12:44 PM
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