This should be a no-brainer....

Post by **txchamps** » Tue Jan 20, 2015 2:01 pm

...but if it were, why is 1 out of every 4 car buyers being suckered into it?
http://www.bloomberg.com/news/2015-01-2 ... cmpid=yhoo

Post by **Dattebayo** » Tue Jan 20, 2015 2:15 pm

I'm not quite sure what you are referring to? Seems to me there were many different kinds of stupid written about in that article...

Post by **Bubba1** » Tue Jan 20, 2015 2:52 pm

Dattebayo wrote:I'm not quite sure what you are referring to? Seems to me there were many different kinds of stupid written about in that article...

I believe he's referring to 84 month loans.

Post by **frapjap** » Tue Jan 20, 2015 2:53 pm

For most folks, it makes financial sense. Well, as much sense as buying a rapidly depreciating asset does in the first place. Fact is, the short term impact has more bearing on their day to day lives than when they trade it in down the road.

What I'm interested in knowing more about is this 'keys to keys' thing. It doesn't sound like an official program, but if it were, I could see it being entertaining and kinda cool if it were real. Kinda like leasing, but without mileage allowances.

Post by **Dattebayo** » Tue Jan 20, 2015 8:01 pm

Bubba1 wrote:I believe he's referring to 84 month loans.

Ah. Well the article touches on how people are over-extended, right?
Personally, I blame rent costs and mortgages for this trend. But that would just be in my little neck of the woods...

Post by **themadscientist** » Wed Jan 21, 2015 12:07 am

So what you're saying is....

This should be a no-brainer....

This should be a no-brainer....

Re: This should be a no-brainer....

Re: This should be a no-brainer....

Re: This should be a no-brainer....

Re: This should be a no-brainer....

Re: This should be a no-brainer....

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