PortCityProphet
Follow me to the truth
Im paying $500 on my Jeep Grand Cherokee L
I now know where the L comes from. Dont even ask me how
Everytime you open your statements payments hit you like
Growing share of car buyers paying $1,000 or more in monthly auto payments
- Thread starter TheKongoEmpire
- Start date
Everytime you open your statements payments hit you like
BlueHeffner
Veteran
Lease$500 a month for a 22..You're a liar. the article says you're paying 1k a month.
Please tell me that the insurance is included in that number.
CashmereThoughts
Veteran
you do realize factors like lease term, trade in, and down payment impact your note right?$500 a month for a 22..
$1000+ monthly for a Mustang (high depreciation car)
To DoorDash in?
What is breh thinking?
That boy on that shyt
Ive financed 4 cars in my lifetime and bought like 5 straight cash during the same time period.. I know what im doing. This is you guy's problem, obviously not mine.. Sorry.
I believe that a lot of these businesses are still pissed off at Biden winning 2020. They all wanted Trump to win re election and get endless tax breaks.
Actually there's rumors that Jerome Powell lowered the interest rates during Trumps presidency to because he wanted him too. all of these car dealerships still have supply issues.
CashmereThoughts
Veteran
I haven’t had a Note in over a decade not sure how you applied any of this to me.
Dameon Farrow
Superstar
These businesses don't pay taxes anyway. I listen to all their whining. If it's higher it just means their accountant has to work a little bit harder with their tax preparer. And that individual gets paid to do that anyway.
If they are sitting around paying taxes in full considering all the deductions at their disposal they deserve to get worked over.
You said "lease terms, trade in and down payments affect notes".. That when I said what I said..
The article claims that a "growing share" is paying 1k a month for cars. I say thats the exception, definitely not the norm. That's is what im arguing here. If people are dead set on getting a brand new car thats their own personal problem. If people got $1k a month for a car I personally can show them a better option..
TheKongoEmpire
The First Men
Old cars with 200k on the odometer are going to make a comeback. People are about to be on the driveway doing DIY Auto Repair the same way updating older homes took off over the Pandemic.
Car prices are unsustainable, they're adding gps killswitches so unless you know how to disable them before the Repo man shows up hiding the car in a garage isn't going to help. And Tesla leading the charge nickel-and-diming features that used to be standard now BMW and the rest are going to join in.
And these people complaining about $1400 rent but paying $800 a month for a Jeep Wrangler are fools
Car prices are unsustainable, they're adding gps killswitches so unless you know how to disable them before the Repo man shows up hiding the car in a garage isn't going to help. And Tesla leading the charge nickel-and-diming features that used to be standard now BMW and the rest are going to join in.
And these people complaining about $1400 rent but paying $800 a month for a Jeep Wrangler are fools
