DarkFury
Platinum Member
- Banned
- #1
william the wie AND Toddsterpatriot . Okay guys the NEXT bubble is auto loans and it will hit before the summer is over. MORE people are under water on their car loan than were home loans. A 5 year old Ford truck is simply not worth 50k on the market.
Cars were ALSO sold at below prime number. Car loans were ALSO bundled and re-sold just like home loans. Ford is killing it's ENTIRE car line except Mustang/SUV/ Ford trucks. It seems according to studies truck buyers have a lower default rate.2018 is the LAST year for the Towncar, the sedan is DEAD.
Jeep is switching to Fiat running gear, talk about going to shit. American cars are to OVER tech to OVER priced and to UNDER built. Dodge is gone okay? Dead for years. Ford is changing to save its ass. GM has been dropping models for years.
By the end of THIS decade there will only be ONE American car builder. Its FORCED globalization via the market. Right Dale Smith
Fury
Cars were ALSO sold at below prime number. Car loans were ALSO bundled and re-sold just like home loans. Ford is killing it's ENTIRE car line except Mustang/SUV/ Ford trucks. It seems according to studies truck buyers have a lower default rate.2018 is the LAST year for the Towncar, the sedan is DEAD.
Jeep is switching to Fiat running gear, talk about going to shit. American cars are to OVER tech to OVER priced and to UNDER built. Dodge is gone okay? Dead for years. Ford is changing to save its ass. GM has been dropping models for years.
By the end of THIS decade there will only be ONE American car builder. Its FORCED globalization via the market. Right Dale Smith
Fury
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