Auto loan debt hits crisis levels as Americans drown in car payments

[daemonova]

Maybe banks need to lobby so people can get better wages.

My car is paid off

a bank dont care if you get a better wage, a bank trying to keep the money YOU giving them.

i got arm twisted into bank account, still not happy about it, now they want me to upgrade the account, for what?

much like the employer only cares about ya work output, a bank only care about how much of yo money they can keep

 

[Sir Richard Spirit]

Y’all been making this thread for 2-3 years

 

[KnickstapeCity]

Lease an EV.

I’m driving both these cars until I can’t anymore then I will lease.

This breh got a big dikk



There are insane lease programs on them Volvo EVs for some reason and also Teslas and the Nissan EV I believe

 

[daemonova]

Y’all been making this thread for 2-3 years

it continues to be problem, even now

 

[Sad Bunny]

Coli brehs are still stuck in 1990s where you could buy an old coralla or civic for $500. They’re selling buckets with 120k+ miles for $3-5k and the average American can’t afford that.

Yep. My car was hit by a deer in 2022 when I tried to find one of these cheap cars. Everyone talks about, but it was impossible, especially after COVID-19.

I bought a car for 25K.

 

[Sir Richard Spirit]

it continues to be problem, even now

My car note is $436. I pay $500 to pay it off earlier..Everyone situation isn’t dire. The Cole is full of miserable people. Everyone not struggling.

 

[Rekkapryde]

You trying to look sweet? Or get around to work and shyt?

 

[AyBrehHam Linkin]

Americans drowning financially in everything lol

 

[Kasgoinjail]

You gambling by owning a car you can't afford to maintain. That 1K car is likely going to do you just fine, and if it doesn break down on you, you can just junk and get another one for cheaper than it cost riding around in that 1K a month lease.

Your logic is not making sense, People are buying 40k car new. getting predatory terms and paying an extra 15k on top of it. Taxed 1k a month.
but saving up 3K and paying it in full is too much money.

Part exchange that's how I upgrade

 

[daemonova]

My car note is $436. I pay $500 to pay it off earlier..Everyone situation isn’t dire. The Cole is full of miserable people. Everyone not struggling.

ok, i dont have a note but i have a car repair bill aint paid on it in months, car insurance aint paid in months, shoes i got to pay byke, aint paid in months, paprwork issues staring me in the face

i believe that shyt was sabatoge but it does change the fact that i got to circumvent that shyt every year.

 

[chineebai]

Still got my 05 Camry running strong. Smooth like butter v6. Only 80k miles on it. Oil change, occasional brake job and tires, that really it. Cheap insurance also.

Cars are a big status symbol so people tend to want something nice and exceed their finances. It’s a bad mindset.

 

[Sir Richard Spirit]

ok, i dont have a note but i have a car repair bill aint paid on it in moths, car insurance aint paid in months, shoes i got to pay byke, aint paid in months, paprwork issues staring me in the face

i believe that shyt was sabatoge but it does change the fact that i got to circumvent that shyt every year.

You sound defeated. I can’t relate

 

[BigMoneyGrip]

 

[Gloxina]

This is why

https://www.thecoli.com/threads/dammnnnn-stevo-got-errbody-in-tx-rollinnnn.1047022/

Ay, this thread is JOKES

 

[BaggerofTea]

So consumers aren't rational

A tale as old as time