return2ozma@lemmy.world to News@lemmy.world · 11 months agoAmericans Are Falling Behind on Their Car Paymentswww.fool.comexternal-linkmessage-square203fedilinkarrow-up1338arrow-down118
arrow-up1320arrow-down1external-linkAmericans Are Falling Behind on Their Car Paymentswww.fool.comreturn2ozma@lemmy.world to News@lemmy.world · 11 months agomessage-square203fedilink
minus-squaredangblingus@lemmy.worldlinkfedilinkarrow-up25arrow-down1·11 months agoIs how most people afford vehicles. You paid for yours in cash?
minus-squareGiddyGap@lemm.eelinkfedilinkarrow-up6·11 months agoExactly. Every time I’ve had an auto loan, the vehicle was still worth quite a bit and ran fine when the loan was paid off. Meanwhile, I was able to get to work and other places.
minus-squareDestidelinkfedilinkEnglisharrow-up3arrow-down1·edit-211 months agoAll 2k of it my FIL’s still dailies a £500 Citroen Picasso that’s from 2004.
minus-squareafraid_of_zombies@lemmy.worldlinkfedilinkarrow-up2arrow-down3·11 months agoNot them but every vehicle in my life except one in cash. I don’t trust banks and credit is evil.
minus-squarecapital@lemmy.worldlinkfedilinkarrow-up1·11 months agoCredit is a tool that can be misused.
Is how most people afford vehicles. You paid for yours in cash?
Exactly. Every time I’ve had an auto loan, the vehicle was still worth quite a bit and ran fine when the loan was paid off. Meanwhile, I was able to get to work and other places.
All 2k of it my FIL’s still dailies a £500 Citroen Picasso that’s from 2004.
Not them but every vehicle in my life except one in cash. I don’t trust banks and credit is evil.
Credit is a tool that can be misused.
is