Inflation has surpassed stagnated wages while corporations keep getting reagonomic tax breaks & ceo's salary & bonuses are up
Yep.....Reaganomics is a monster
Seven-Year Car Loans: America’s Middle Class Can’t Afford Its Cars; own cars after the brakes brehs
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Yep.....Reaganomics is a monster
I gotta used car and my credit when I got it wasn’t worth a darn. From 15.5% apr to 9%, which is still horrible but my payments didn’t drop much so I can pay it off sooner. Really saving a year and like $15k.
I write that because like you, I want a brand new car which will be something elite after I purchase a home in a few years. Get the loan stretched out so I have flexibility when I want to have fun but pay it off early.
CreepyMcCreeperson
Veteran
Live above your means brehs
If people actually had some financial sense and stopped trying to portray an image like they got it like that then these people wouldn't be a slave to debt. People clown others for buying a 2009 Civic in cash because they ain't got the latest and greatest but those very people clowning out here living check to check
That is true, but people want something newer and reliable so that they dont have to go to the mechanic shop every 2 weeks or have to take a rental car if they have to travel out of town.
I kinda agree but from my experience...I have a old Civic as a beater. I bought it cash back in 2014. Other than brakes, tires, oil, and gas I ain't done nothing else to it.
nikkas will cry all day bout living paycheck to paycheck but have no problem shelling out $350 for the note, $220 for car insurance each month
it’s this old head I work with who copped a 19’ Caddy. He work overtime every Saturday just to keep up with the note
cop a Lexus or Acura in cash, maintain it yourself. I’d be broke if I was pay $500 in car related expenses each month
it’s this old head I work with who copped a 19’ Caddy. He work overtime every Saturday just to keep up with the note
cop a Lexus or Acura in cash, maintain it yourself. I’d be broke if I was pay $500 in car related expenses each month
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Matters what brand of car
2012 Chrysler 300 with 140k? Mid life probably will blow out in the next 40k
2012 Toyota/Lexus,Honda/Acura with 140k? Just getting broke in
Exactly, I think we need to be honest Nap. This isn't a bad thing. This is only bad if you plan on paying it off at the right time. For me, I am going to aggressively pay it off
i sold my car. have a truck for work but thats it. I work 2/3 days a week in sales and im good. But y'all keep hustling and driving uber/lyft when u get done with your 40+week work schedule. Hustling to pay for that car
That’s the type of job I’m looking for, idk if you’re a student or not, but if that’s all you work for your full time gig sign me up!!
What do you sell? Do you work like 10+ hours? fukk that 9-5 shyt.
The only "good" thing is that 7 year auto loans allow more people to leave the lots with new cars, there is nothing else good about this.
Or god forbid, you have a job where your hours are outside the standard 9-5 window. 11pm in the winter, trying to get to work and your car won't start.
Yes, I've been there before.
When I get cars, I keep it for at least 10 years. Just needed one that was a SUV. Good SUV's aren't cheap and this is a ten year investment.