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Title: The Growing Auto Loan Problem Facing Young Americans
Source: [None]
URL Source: https://www.zerohedge.com/personal- ... problem-facing-young-americans
Published: Mar 18, 2023
Author: Tyler Durden
Post Date: 2023-03-18 20:53:11 by Horse
Keywords: None
Views: 549
Comments: 11

...the amount of auto debt transitioning into serious delinquency is much higher for Gen Z and Millennials.

Poster Comment:

Poor people with paid off cars can't afford repairs and gasoline. Looks like they want us to live in Smart cities which are prisons for the commoners.

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Begin Trace Mode for Comment # 5.

#1. To: Horse, 4um (#0)

Jesus, I'm pretty well off, but I couldn't justify paying about six times what it cost me to build my first house (the one I'm living in. I lost my good one in a divorce) for a car. Any car.

Cars are crazy expensive. I bought a new 1980 Z28 off the dealer's showroom floor. I don't remember what I paid for it, but the sticker price was $8,000.

What's one now? I USED to love cars.

Esso  posted on  2023-03-18   21:15:47 ET  Reply   Untrace   Trace   Private Reply  

I've never bought a new car in my life. And if I won the $250 million lottery tomorrow (not likely since I've never bought a ticket) I still wouldn't buy one. I just don't want one.

StraitGate  posted on  2023-03-18   21:31:08 ET  Reply   Untrace   Trace   Private Reply  

I still wouldn't buy one. I just don't want one.

freedom4um.com/cgi-bin/readart.cgi?ArtNum=270451

Did you see my post this morning about the Hudson Big Boy?

Cry your eyes out.

Esso  posted on  2023-03-18   21:36:22 ET  Reply   Untrace   Trace   Private Reply  

Now THAT's a nice truck. 102 hp wasn't bad for the day.

StraitGate  posted on  2023-03-18   21:46:45 ET  Reply   Untrace   Trace   Private Reply  

3/4 ton, no less.

Esso  posted on  2023-03-18   21:48:58 ET  Reply   Untrace   Trace   Private Reply  

#7. To: Esso (#5)

Yep. I've liked my 1/2 tons over the years -- never had a 3/4 ton. But the people I know who own a 3/4 ton say they like it better than the 1/2 tons they've had. Stiffer, tougher, truckier.

StraitGate  posted on  2023-03-18 21:54:36 ET  Reply   Untrace   Trace   Private Reply  

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