Americans are behind on car payments at a record level

[Ezekiel 25:17]

Know this broad paying 10% on a 7 year loan for a 2024 Kia SUV
when she told me all I could do was

If I'm a betting man, she probably rents too.

Folks is wilding. All of this seems so damn unsustainable.

 

[Digital Omen]

If I'm a betting man, she probably rents too.

Folks is wilding. All of this seems so damn unsustainable.

ain't no probably...a 7 year is the new normal if your FICO ain't 750+, that's what folks can afford nowadays.
I copped a 2017 Rogue right before the pandemic at a 4 yr/ 3.2 % with 17k miles
Paid that bytch off and rolling til the wheels fall off
74k miles now, regular maintenance, brand new tires at 50k, and no issues

 

[RennisDeynolds]

Public transportation should be championed.

fukk up brokeboi, get you a plane ticket and expensive SUV

#LobbyistsWinAgain

 

[RennisDeynolds]

ain't no probably...a 7 year is the new normal if your FICO ain't 750+, that's what folks can afford nowadays.
I copped a 2017 Rogue right before the pandemic at a 4 yr/ 3.2 % with 17k miles
Paid that bytch off and rolling til the wheels fall off
74k miles now, regular maintenance, brand new tires at 50k, and no issues

Ehh you can always take a 6 or 7 year loan and pay it off early



Some of the auto manufacturers are offering 0% or 2.9% again.


Your local credit union is not getting anywhere close to that rate these days

 

[Neuromancer]

fukk up brokeboi, get you a plane ticket and expensive SUV

#LobbyistsWinAgain

I just really like locomotives.

 

[RennisDeynolds]

I just really like locomotives.

We should have bullet trains by now, in fact trump strong armed the Japanese in his first term for some non payments on something and they shared the patents with him. Even offered to help build it out in the states


We have that sad excuse brightside in Florida with doesn't even go that fast

 

[Ezekiel 25:17]

ain't no probably...a 7 year is the new normal if your FICO ain't 750+, that's what folks can afford nowadays.
I copped a 2017 Rogue right before the pandemic at a 4 yr/ 3.2 % with 17k miles
Paid that bytch off and rolling til the wheels fall off
74k miles now, regular maintenance, brand new tires at 50k, and no issues

No, I'm talking rent in housing.

Folks driving brand new but still renting. I want a Mustang GT but it don't make sense to buy one while renting That extra $500 -$600 adds up quick.


But really, the new wave might be to cop something old that's easy to fix. Something like a 84 Caprice

 

[Amerikan Melanin]

I’m going to have to get a new vehicle in the coming year and I’m dreading it.

 

[Rell84shots]

I finally paid off my car last year and I don't plan on buying a new one anytime soon. I plan on riding this for years until the state declares it a environmental hazard.

 

[sayyestothis]

On 6.6% of subprime. Seems low. They are subprime afterall...

 

[Bigblackted4]

Yet people was caping for this in the other thread. I was just listening to a video on how people are now renting cars for weeks at a time at turo

 

[R=G]

That Turo fun face girl showed that white boy paying $1000 a month for a GMC Sierra...lol

 

[BunchePark]

If you getting money keep getting it

If you ain't getting no money but you out here with a plan trying to change that 🫡🫡🫡


If you ain't got no money and you ain't trying to get no money......idk what to tell yo ass except get some damn money

 

[RennisDeynolds]

That Turo fun face girl showed that white boy paying $1000 a month for a GMC Sierra...lol

The avg car note in America is 1k a month now

 

[itsyoung!!]

It can be fixed if people budget better.

Ordering McDonald's via Door Dash for a Mac Meal which will run you about $20.00....then complain about how things are so bad for you.

im not an advocate of that (eating unhealthy), but its not much more expensive than buying groceries now either so using this as an example is crazy.