It's The Economy -tupid

[Babagounj]

Americans are falling behind on their car payments

Recent data from experts at Cox Automotive shows that Americans are still struggling with car payments. The number of defaults industrywide is up in the first half of 2024.

www.foxbusiness.com

Repos Spike in 2024 As Fewer Americans Can Pay Their Car Loans

Car repossessions have surged in the U.S. during the first half of 2024 as more borrowers fall behind on their auto loans. Repos have gone up by 23% compared to the same time period last year, according to Automotive News. This unusually high number of repos in America is due, in part, to...

autos.yahoo.com

 

[bottomups]

Americans are falling behind on their car payments

Recent data from experts at Cox Automotive shows that Americans are still struggling with car payments. The number of defaults industrywide is up in the first half of 2024.

www.foxbusiness.com

Repos Spike in 2024 As Fewer Americans Can Pay Their Car Loans

Car repossessions have surged in the U.S. during the first half of 2024 as more borrowers fall behind on their auto loans. Repos have gone up by 23% compared to the same time period last year, according to Automotive News. This unusually high number of repos in America is due, in part, to...

autos.yahoo.com

Don't buy more than you can afford. Maybe the taxpayers can bail them out?

 

[Babagounj]

Don't buy more than you can afford. Maybe the taxpayers can bail them out?

Do they all have student loans due ?

 

[Thebrownblob]

Don't buy more than you can afford. Maybe the taxpayers can bail them out?

There’s a good chance most people can’t afford a new car. They shouldn’t be looking at them at all. Used cars make much better sense although interest rates are hurting even that ability.

 

[Babagounj]

There’s a good chance most people can’t afford a new car. They shouldn’t be looking at them at all. Used cars make much better sense although interest rates are hurting even that ability.

Have you seen the price of used cars lately ?

 

[Thebrownblob]

Have you seen the price of used cars lately ?

Yes, just bought one. You gotta be selective. And be willing to haggle.

 

[Babagounj]

Yes, just bought one. You gotta be selective. And be willing to haggle.

How many miles on it ?

 

[Thebrownblob]

How many miles on it ?

18,000. 2021 Chevy Malibu they were asking originally 19 K got it for 13 K paid cash.

 

[Over70irregs]

Don't buy more than you can afford. Maybe the taxpayers can bail them out?

A lady I know got repoed with $720 payment

 

[Thebrownblob]

A lady I know got repoed with $720 payment

That’s cheap lol I know some knuckleheads who have over $1200 car payments. SMH

 

[Babagounj]

Biting the hand that feeds them.

Los Angeles approves $30 hourly tourism wage, hotels say they’ll convert to homeless shelters

Businesses warn the large spike in wages will lead to closures.

justthenews.com

Businesses say the large spike in wages will lead to closures, scaling back employees, and hotels backing out of agreements put in place for the 2028 Olympics — and could threaten the city budget.

{ hotels will convert to homeless shelters }

 

[vantexan]

That’s cheap lol I know some knuckleheads who have over $1200 car payments. SMH

I'm not paying $1200 a month for anything I'm not living in. And that's still too much.

 

[Thebrownblob]

I'm not paying $1200 a month for anything I'm not living in. And that's still too much.

It’s absolutely mind blowing.

 

[Brownwind]

It’s absolutely mind blowing.

Some of the kids I work with bought f350 s. Nice trucks but you can’t live in them and using them for work would be criminal. So they basically are pavement queens and trophy trucks

 

[IVE GOTTA PACKAGE 4U]

Biting the hand that feeds them.

Los Angeles approves $30 hourly tourism wage, hotels say they’ll convert to homeless shelters

Businesses warn the large spike in wages will lead to closures.

justthenews.com

Businesses say the large spike in wages will lead to closures, scaling back employees, and hotels backing out of agreements put in place for the 2028 Olympics — and could threaten the city budget.

{ hotels will convert to homeless shelters }

Everything has a price point

 

[Over70irregs]

Monday wakeup. Your value is down

 

[IVE GOTTA PACKAGE 4U]

Monday wakeup. Your value is down

I found a quarter today so I'm doing good

 

[Brownwind]

It’s absolutely mind blowing.

Check out what a platinum edition runs.

 

[oldngray]

I found a quarter today so I'm doing good

Aldi's

 

[Over70irregs]

I found a quarter today so I'm doing good

Look closer. That was a dime.