our reliance on debt for cars has allowed car makers to charge unbelievable prices for absolutely shit vehicles. we need some sort of regulations around how much shit like this can be marked up or we need to change how we purchase vehicles because the amount that is built and not sold is also absolutely leading to more and more losses on the balance sheet that companies need to stopgap by charging more for the vehicles that do sell. if we switched to cars only being made to order we would save a fuck ton of money and car graveyards wouldn’t be a thing per say. 100 months for a car loan is insane and anyone who takes it out should be shamed into the void.
Sad-Celebration-7542 on
So Americans are paying more for cars. I have no problem with that. If they wanted cheaper cars, they’re available. I am fine with adults making decisions that don’t impact me whatsoever.
Plus when you look at the % of long duration loans, it’s low for the headline.
hisdudeness13 on
We need more public transportation options and better bike/ pedestrian infrastructure. Car dependency has allowed the car companies to do this. Queue all the excuses about why we are car dependent and can’t change.
3 Comments
our reliance on debt for cars has allowed car makers to charge unbelievable prices for absolutely shit vehicles. we need some sort of regulations around how much shit like this can be marked up or we need to change how we purchase vehicles because the amount that is built and not sold is also absolutely leading to more and more losses on the balance sheet that companies need to stopgap by charging more for the vehicles that do sell. if we switched to cars only being made to order we would save a fuck ton of money and car graveyards wouldn’t be a thing per say. 100 months for a car loan is insane and anyone who takes it out should be shamed into the void.
So Americans are paying more for cars. I have no problem with that. If they wanted cheaper cars, they’re available. I am fine with adults making decisions that don’t impact me whatsoever.
Plus when you look at the % of long duration loans, it’s low for the headline.
We need more public transportation options and better bike/ pedestrian infrastructure. Car dependency has allowed the car companies to do this. Queue all the excuses about why we are car dependent and can’t change.