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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: 595
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.

Post Comment   Private Reply   Ignore Thread  

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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