More drivers falling behind on their car payments

Saw something awhile back that compared todays car market to the housing bubble of 2008....meaning more people are getting into cars they cannot afford in the long run...all you see now a days is sign and drive deals..no credit check required etc etc....
 
That's why I hopped my *** in da Civic and called it a day. The note itself wasn't a killer on some more expensive vehicles, but insurance sure was.
 
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 Anytime the economy is "good" you see way more new cars on the road. I remember prior the 08 recession EVERYONE, I mean EVERYONE, had rims. Little by little reality creeps in. Those escalades turned into civics and so on...
 
SMH chalk it up to me being a country boy but give me an '08 Tacoma and I'm good. Maybe even earlier models.

Idk why people break their backs for cars they can't afford.
 
Never been a big car person, give me something paid for or a 1-2 year payment, and I'm good. Screw a car payment.
 
The writing's been on the wall for a while now. There was an article a while ago that Milleniels are buying more luxury cars while also carrying increased amounts of student and consumer debt. At some point, our generation will learn one way or another. Unfortunately for now we aren't learning that the best way to build wealth and financial security is to be debt free and live within your means.
 
crcballer55 said:
 
The writing's been on the wall for a while now. There was an article a while ago that Milleniels are buying more luxury cars while also carrying increased amounts of student and consumer debt. At some point, our generation will learn one way or another. Unfortunately for now we aren't learning that the best way to build wealth and financial security is to be debt free and live within your means.
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Millennial are actually a lot more cheap than Generation X that's for sure
 
millenial said:
crcballer55 said:
 
The writing's been on the wall for a while now. There was an article a while ago that Milleniels are buying more luxury cars while also carrying increased amounts of student and consumer debt. At some point, our generation will learn one way or another. Unfortunately for now we aren't learning that the best way to build wealth and financial security is to be debt free and live within your means.
Click to expand...

Millennial are actually a lot more cheap than Generation X that's for sure
Click to expand...

:lol: at your name to post ratio

There will be no luxury cars in my future :lol:
 
People want to floss without thinking if they can really afford it. It eventually catches up to them.
 
It's damn near a lose/lose however you slice it

Nowadays dealerships are taxing on any kind of vehicle, trying to knock the consumer over the head 

and not everyone lives in a place where uber is a reasonable priced means of transportation.

At the end of the day as much you pay for an uber you can pay a damn car note. 

But life happens....It's not that everyone is irresponsible, but when **** happens, it happens 
 
Deeester said:
It's damn near a lose/lose however you slice it
Nowadays dealerships are taxing on any kind of vehicle, trying to knock the consumer over the head 
and not everyone lives in a place where uber is a reasonable priced means of transportation.
At the end of the day as much you pay for an uber you can pay a damn car note. 
But life happens....It's not that everyone is irresponsible, but when **** happens, it happens 
Click to expand...

Couldn't be more wrong.
 
A car is the corniest thing to stunt with cause damn near anybody can get into a luxury car. If you're buying the car for yourself than do you. If you're buying it to stunt 1) nobody cares and 2) it's not that hard to get one.

With that being said...that new S Class coupe. Sexiest thing I've seen in a while. Sheesh.
 
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