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jimfields33

(19,382 posts)

4. Maybe once and for all people will stop buying on credit except for house.

Reply to dalton99a (Original post)

Wed Jul 26, 2023, 01:20 PM

Jul 2023

I’m still driving a 2011 car. I’ll drive it until it’s dead. Meanwhile, I’m saving my pennies to buy a car when Necessary. I did the stupid credit thing in my 20’s, 30’s and part of 40’s. I don’t anymore. If I can’t cash it, I don’t buy it. Simple as that. Took me a long time to get that through my thick skull.

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Highlight:

Car buyers bear a heavy burden as Federal Reserve keeps raising rates: Auto-loan rejections are up [View all] dalton99a Jul 2023 OP

The highest level inthewind21 Jul 2023 #1

Logically one might think the numbers would work out to them being a little looser with credit Hugh_Lebowski Jul 2023 #3

They're trying to Carter Biden peppertree Jul 2023 #2

plus the minions with microphones finding the biggest whiners about "how the economy Hestia Jul 2023 #6

The narrative. Always. peppertree Jul 2023 #7

Maybe once and for all people will stop buying on credit except for house. jimfields33 Jul 2023 #4

We had to get a new car when the 2008 & 1999 cars we had seized up (along with my DH's work car) Hestia Jul 2023 #8

Anecdotally dealers' greedy "market value adjustments" are as much contributing Trekologer Jul 2023 #5