Going To Be Some Good Deals On Chevy HDs Soon. - Off Topic (Non Trade) - Contractor Talk

Going To Be Some Good Deals On Chevy HDs Soon.

 
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Old 02-13-2019, 10:12 PM   #1
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Going To Be Some Good Deals On Chevy HDs Soon.


A record number of Americans are 90 days behind on their car payments
More than 7 million Americans are at least 90 days behind on their auto loans, according to the New York Fed.

That's higher than the peak in 2010 as the country was still reeling from the devastating financial crisis.

https://www.cnbc.com/2019/02/12/a-re...-payments.html
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Old 02-13-2019, 11:05 PM   #2
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Re: Going To Be Some Good Deals On Chevy HDs Soon.


It's probably because they are giving out liar loans again.

When I got my used one, no income statements, bank statements or proof of anything. How much do you average, ok, here are the keys.

I about fainted.

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Old 02-14-2019, 04:41 AM   #3
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Re: Going To Be Some Good Deals On Chevy HDs Soon.


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It's probably because they are giving out liar loans again.

When I got my used one, no income statements, bank statements or proof of anything. How much do you average, ok, here are the keys.

I about fainted.

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Thats fine and dandy until you decide to work on some Republicans campaign. Then a Bob Muler comes and pins federal bank fraud charges on you and youre looking at the rest of your life in prison for lying to a bank
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Old 02-14-2019, 01:04 PM   #4
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Re: Going To Be Some Good Deals On Chevy HDs Soon.


I hate it when that happens.

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Old 02-14-2019, 01:06 PM   #5
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Re: Going To Be Some Good Deals On Chevy HDs Soon.


7 million people living beyond their means. Sucks to be them.


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Old 02-14-2019, 01:16 PM   #6
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Re: Going To Be Some Good Deals On Chevy HDs Soon.


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7 million people living beyond their means. Sucks to be them.


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Only 7 million? They are just the ones with bad car loans.
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Old 02-14-2019, 07:09 PM   #7
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Re: Going To Be Some Good Deals On Chevy HDs Soon.


So, in the ongoing debate over buying new or used, the used camp just picked up 7 million supporters who incorrectly felt that new was the way to go.
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Old 02-14-2019, 07:30 PM   #8
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Re: Going To Be Some Good Deals On Chevy HDs Soon.


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So, in the ongoing debate over buying new or used, the used camp just picked up 7 million supporters who incorrectly felt that new was the way to go.
That 7 million includes new and used car loans.
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Old 02-14-2019, 07:49 PM   #9
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That 7 million includes new and used car loans.
Yeah, I realize that, but I bet a higher percentage of new cars are financed vs used cars.
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Old 02-14-2019, 07:57 PM   #10
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Re: Going To Be Some Good Deals On Chevy HDs Soon.


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Yeah, I realize that, but I bet a higher percentage of new cars are financed vs used cars.
Also a lot more used car sales than new. 39 mil vs 17 mil in 2017.
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Old 02-14-2019, 08:43 PM   #11
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Re: Going To Be Some Good Deals On Chevy HDs Soon.


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Yeah, I realize that, but I bet a higher percentage of new cars are financed vs used cars.
My truck was mildly used by the distributor so I still got all the incentives with a few dings. I was going to buy new and just couldn't. I did finance it though with their silly financing as low as it was. All the bells and whistles, all the incentives of new, but got it priced at used... I just can't do new, my dad ruined me... I saw this one and said let's talk because it had two dents

Reminded me I need to clean it out though... Still a semi-new truck.
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Old 02-15-2019, 07:05 PM   #12
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Re: Going To Be Some Good Deals On Chevy HDs Soon.


Quote:
Originally Posted by Warren View Post
Yeah, I realize that, but I bet a higher percentage of new cars are financed vs used cars.


Naaa

70% of americans cant write a $1000 check without borrowing money

Id say the same percent of used cars are financed as well

Nothing like financing a 7 year old chitbox pickup with 140,000 miles at 14% interest rate

And they complain that the system is rigged and they cant get ahead

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Old 02-15-2019, 07:29 PM   #13
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Re: Going To Be Some Good Deals On Chevy HDs Soon.


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Naaa

70% of americans cant write a $1000 check without borrowing money

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Is that accurate?!
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Old 02-15-2019, 09:08 PM   #14
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Re: Going To Be Some Good Deals On Chevy HDs Soon.


Quote:
Originally Posted by Deckhead View Post
Is that accurate?!


Pretty close

https://www.cnbc.com/2018/01/18/few-...emergency.html


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