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2024-02-29 Economy

Dave Ramsey Guarantees If You Have A Car Payment, 'You Will Be Broke Your Whole Life'

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Posted by Besoeker 2024-02-29 00:00|| || Front Page|| [35 views ] Top

#1 Perspective: The average monthly car loan payment in the U.S. is $726 for new vehicles and $533 for used ones originated in the third quarter of 2023.

Posted by mossomo 2024-02-29 13:51|| 2024-02-29 13:51|| Front Page Top

#2 If the proposed European ban on repairing vehicles over 15 years old passes and spreads, my three paid-for vehicles (1999-2011) will all become scrap in two years.

Posted by Glenmore 2024-02-29 14:20|| 2024-02-29 14:20|| Front Page Top

#3 When you are a car company and your quality control and cost-per-unit pricing exceeds market demand, you can improve quality, reduce overhead, decrease product inventory on-hand and refocus on basic markets.

Or, you can buy a politician and have them politically define "obsolescence" of the past products to enforce sales, regardless of economic hardship for the customer base. Hmmmm, which do you think the demokrat, Ivies-grad, WOKE MBA will chose?

Posted by NoMoreBS 2024-02-29 15:55|| 2024-02-29 15:55|| Front Page Top

#4 I bought my current (and maybe forever) 2020 F-150 in June 2021 with a trade-in and $20,000. Told them I would pay it off ($72,000) within 18 months. Only bank that would lend was Ally (Amazon). Paid it off at 14 months. They were left like many of my lovers....unsatisfied, apparently

Posted by Frank G 2024-02-29 20:12|| 2024-02-29 20:12|| Front Page Top

22:28 Bangkok Billy
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20:12 Frank G
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19:59 Frank G
17:32 Besoeker
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