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Economy

bucolic_frolic

(55,660 posts)

4. Pay more, Get less

Reply to question everything (Original post)

Thu Apr 30, 2026, 05:42 AM

Thursday

Buy or lease, if you wear out the car faster than you pay for it, you are underwater. The idea with a lease is that you have equity at the end of the lease and can turn it in. Or the negative equity is manageable. How are they extending credit to people with $7200 in negative equity?

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Highlight:

America's Pandemic Car Bubble Is Now Trapping Buyers in Debt [View all] question everything Wednesday OP

Of course. They have 72 month loans on 100k cars now. Klarkashton Wednesday #1

The right seems ro want americans to be politically paralysed by debt. applegrove Wednesday #2

Many, many folks concentrate on payment rather than the price of the vehicle. Norrrm Wednesday #3

Pay more, Get less bucolic_frolic Thursday #4