return2ozma@lemmy.worldBanned from community to News@lemmy.world · edit-26 months agoMore Than 1 in 5 New Car Buyers in the U.S. Are Taking Out Loans of 84 Months or Longerwww.roadandtrack.comexternal-linkmessage-square102linkfedilinkarrow-up1205arrow-down11
arrow-up1204arrow-down1external-linkMore Than 1 in 5 New Car Buyers in the U.S. Are Taking Out Loans of 84 Months or Longerwww.roadandtrack.comreturn2ozma@lemmy.worldBanned from community to News@lemmy.world · edit-26 months agomessage-square102linkfedilink
minus-squaredazzlingclitgame@lemmy.worldlinkfedilinkarrow-up4arrow-down1·6 months agoNot everyone has several thousands in cash to buy a used car outright. Most Americans don’t even have $1,000 in emergency savings.
minus-squareover_clox@lemmy.worldlinkfedilinkarrow-up2·6 months agoAnd I grew up on a junkyard. Nobody ever signed up for a payment plan, they just paid straight cash.
minus-squaredazzlingclitgame@lemmy.worldlinkfedilinkarrow-up4arrow-down1·6 months agoHave you seen the prices of used cars these days? Who has that kind of money in cash and isn’t in the financial position to buy new?
minus-squareover_clox@lemmy.worldlinkfedilinkarrow-up2arrow-down2·6 months agoI’m literally trying to hock off a 1995 GMC Sonoma for $400 right now. Nobody seems to want it. New battery and new keys and it should run just fine.
minus-squaredazzlingclitgame@lemmy.worldlinkfedilinkarrow-up3arrow-down1·6 months agoYeah…it’s a 1995 and who knows how long it will last on the road before falling apart. Just because you have a single used car you’re trying to sell for cheap doesn’t make the entirety of used cars suddenly more affordable.
minus-squareover_clox@lemmy.worldlinkfedilinkarrow-up3arrow-down3·6 months agoBitch bitch, $400, take it or leave it. I really don’t understand why people complain, either fix it up or sell it for scrap metal, why is it so difficult to sell a truck for $400?
minus-squaredazzlingclitgame@lemmy.worldlinkfedilinkarrow-up2arrow-down1·6 months agoIt’s not just $400 - you listed out like $1,000 worth of repairs it needs before it can be driven.
minus-squareover_clox@lemmy.worldlinkfedilinkarrow-up3arrow-down2·6 months agoI can crank it with tweezers if I needed to. $1000? Where the fuck do you get your parts from? $200 worth of parts would totally fix this thing right up properly.
minus-squaredazzlingclitgame@lemmy.worldlinkfedilinkarrow-up1arrow-down2·6 months agoA battery, ignition lock, and new key is not just $200
minus-squarePetteriPano@lemmy.worldlinkfedilinkarrow-up1arrow-down2·6 months agoWell, that’s no time to tale a loan for a new car.
minus-squaredazzlingclitgame@lemmy.worldlinkfedilinkarrow-up2arrow-down1·6 months agoNew cars are more reliable than used and while it’s not a good idea to take loans when you’re broke, sometimes it’s the only option.
Not everyone has several thousands in cash to buy a used car outright. Most Americans don’t even have $1,000 in emergency savings.
And I grew up on a junkyard. Nobody ever signed up for a payment plan, they just paid straight cash.
Have you seen the prices of used cars these days? Who has that kind of money in cash and isn’t in the financial position to buy new?
I’m literally trying to hock off a 1995 GMC Sonoma for $400 right now. Nobody seems to want it.
New battery and new keys and it should run just fine.
Yeah…it’s a 1995 and who knows how long it will last on the road before falling apart.
Just because you have a single used car you’re trying to sell for cheap doesn’t make the entirety of used cars suddenly more affordable.
Bitch bitch, $400, take it or leave it.
I really don’t understand why people complain, either fix it up or sell it for scrap metal, why is it so difficult to sell a truck for $400?
It’s not just $400 - you listed out like $1,000 worth of repairs it needs before it can be driven.
I can crank it with tweezers if I needed to.
$1000? Where the fuck do you get your parts from? $200 worth of parts would totally fix this thing right up properly.
A battery, ignition lock, and new key is not just $200
Well, that’s no time to tale a loan for a new car.
New cars are more reliable than used and while it’s not a good idea to take loans when you’re broke, sometimes it’s the only option.