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cars were now too expensive for common people to begin with. now they're offering 84 month payment terms. when I arrived in america in 2012 car terms were 36-48
by dzonga 7y ago
cars were now too expensive for common people to begin with. now they're offering 84 month payment terms. when I arrived in america in 2012 car terms were 36-48 months. & when you look historically at car prices compared to wages, the situation is even dire
- dzonga 7y agon I won't even mention the lemon market i.e sub prime market for used cars. were lemons are shifted amongst poor people like a dirty dollar bill through repos and crazy terms
- xnyan 7y agoWe are living in strange times. If your credit is good, most automakers are offering no interest loans and also not doing the normal trick of making the no interest loan price higher to cover the spread. Very desperate to sell cars.