A record 7 million Americans are 3 months Behind on Their Car payments

[the cac mamba]

hard to comment on a story like this, everyones situation is different. but i bet a fair amount of those people had no business signing on that dotted line

 

[JayGatsby]

aka 7 mil Americans are parking 4 streets down the road

 

[Ezekiel 25:17]

Don't buy a car you can't afford. Zero excuses to not have a cheap car. I bought a 1998 Lexus ES300 for $1300 and that bytch lasted over a year. Only reason I had to sell it because the suspension was bad. 279k miles driving they bytch 90mph+ to different jobs sites 3 and 4 hours away

If you're a car guy like me, we already know how to look clean + have something fast on a budget.

 

[Heafcliffe]

With this supposed stat, the malleable unemployment rate and the premonition that 2020 is gonna be hazardous to one's financial health, I may have to fall back on my recent new car aspirations.

 

[Geek Nasty]

I saw an article about 10 years ago about how corporate america has been trying to disguise the drop in spending power with debt. Started with credit cards, then student loansn, then mortgage refis. Now, all those sources are all tapped out, corporate america will either have to come up with other debt source or another crash is coming. We're already losing our technology advantage because people can't afford advanced degrees.

fukk you baby boomer generation

 

[MollyGalaga]

No wonder i be seeing so many foreigns on trucks nowadays


Old ones too

 

[OG Talk]

Nah G. This is false. Deals can be found you just gotta look for em.

My boy scooped a 2012 Elentra with 57k miles for $5.5k cash. You bet he can add at least another 100k on that car before it falls apart.

I guess my standard for a quality car is a little different than your boys.



I’m too uppity for a Hyundai

 

[King Poetic]

Got 2 years left on my payments and I’m done with cars

Just purchased used trucks and keep it movin from there on

 

[™BlackPearl The Empress™]

Used cars be having to worry about repairs.

Factory warranty

 

[SAINT]

I bought my car from Craigslist for 5k

 

[OG Talk]

Factory warranty

Most factory warranties tap out around 36,000 miles. That comes at you so fast with a used car..

 

[King Poetic]

a lot of people out there buying shyt they can't afford too. Would you rather stunt or make sure food is on the table?

True....

I did repo for awhile and you’ll be surprised by the so called upper middle class I had to take their cars away because they was 5 months or more behind....

U go these nice neighborhoods and folks are broke but hiding behind credit to get through, so they can flossed next to Denzel and Tom Hanks

 

[phcitywarrior]

I guess my standard for a quality car is a little different than your boys.



I’m too uppity for a Hyundai

Thats on you G.

Cut your cloth according to your size.

 

[Ezekiel 25:17]

Cause wages stagnated andans basic cars like a Toyota or a Honda are over 25k nowadays

This is not true. I look at cars all day long. You can get a slightly used Honda or Toyota for $18k all day long. Where you seeing $25k at?

shyt if you really wanna get basic get 1 of them 4 cylinder Kias for 10 stacks. All that shyt will last you 5-10 years easy if you keep up the basic maintenance

 

[Noriega]

Used cars be having to worry about repairs.

Not if you know what brands to buy.

Lexus/Toyota or Honda/Acura. If you buying anything else new or used you just playing yourself


2003 Acura TL 177k, drive down from Milwaukee to Chi sometimes twice a week not a single issue besides regular maintenance

Coli nikkas would rather put $4500 down on a 2019 Chevy Sonic than drive a 2004 Lexus LS400 or something nice but a lil older