Are Americans Too Poor For New Cars? Older Vehicles Dominate Highways

Source: https://www.zerohedge.com/markets/americans-too-poor-new-cars-older-vehicles-dominate-highways
Published: Jul 30, 2020
Author: Tyler Durden
Post Date: 2020-07-30 16:47:28 by Horse
Views: 404

"People working from home could put fewer miles on vehicles, allowing them to last longer..."


Poster Comment:

Unemployed workers and bankrupt small business owners won't be able to make car payments.

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#1: Ada    To: Horse (#0)

Ada posted on 2020-07-30 17:35:01   Reply   Private Reply


#2: BTP Holdings    To: Horse (#0)

Unemployed workers and bankrupt small business owners won't be able to make car payments.

Forget about car payments. What about mortgages.

If people get too far behind with house payments it will lead to evictions when the banks seize their property. ;)

BTP Holdings posted on 2020-07-30 19:36:33   Reply   Private Reply


#3: randge    To: Ada (#1)

Thanks, Ada.

We needed that.

Laffed our a$$es off!

randge posted on 2020-07-30 20:13:43   Reply   Private Reply


#4: Lod    To: Ada (#1)

Wonderful stuff, thanks a bunch.

Lod posted on 2020-07-30 21:17:16   Reply   Private Reply


#5: Horse    To: BTP Holdings, Ada (#2)

But, if they still had cars when they get evicted, they could sleep in their cars.

Horse posted on 2020-07-31 01:38:34   Reply   Private Reply