Car repossessions are expected to hit 3 million this year, their highest rate since the 2009 recession

[Concerned American]

Not you obviously....substandard comes to mind.

Well, you’re low end so tell me...

Anyway, thanks to Trump’s tariffs, the average price of a new car is $50,000+ now.

I’m sure you’ll have some milkbone inspired yapping about that and try to blame everyone except your blob....get to it Fido.

LOL, resort to your ignorant pejoratives. That's all you have. You certainly know nothing of critical thinking. Here's ten NEW cars under $25K msrp. Next.

https://www.cars.com/articles/here-are-the-10-cheapest-new-cars-you-can-buy-right-now-421309/

 

[Bitterhook]

Really???? You don’t know the definition of the word “average”? I’m not surprised, you’d have to work very hard to be adequate.

Well then, using your logic, the average wealth per citizen in the United States is $502,956 and rising, so it shouldn't be a problem, dumbass.

 

[candycorn]

Well then, using your logic, the average wealth per citizen in the United States is $502,956 and rising, so it shouldn't be a problem, dumbass.

It takes a special type of dishonesty to draw that conclusion.

According to the BLS the average american salary is $67,964. Your whacky figures are a cause or amusement.

 

[Bitterhook]

It takes a special type of dishonesty to draw that conclusion.

According to the BLS the average american salary is $67,964. Your whacky figures are a cause or amusement.

My point exactly, which is why I referred to your use of an 'average', your use of logic, and then called you a dumbass.
Don't pretend your stupid ass can play that off on me, you disingenuous retard.

You are nothing more than the class clown and a piss poor one at that.

 

[Fort Fun Indiana]

Trump out here setting records

 

[candycorn]

My point exactly, which is why I referred to your use of an 'average', your use of logic, and then called you a dumbass.
Don't pretend your stupid ass can play that off on me, you disingenuous retard.

So you pulled a number out of thin air and are claiming someone else is retarded? Wow…that’s pretty stupid.

A Surge in EV Shoppers May Have Pushed Average New Car Prices to Their Highest Ever Point

A surge in EV sales may have helped push the average transaction price to its highest ever point.

www.caranddriver.com

According to a report from Kelley Blue Book (KBB), the average sale price of new car sales in September was $50,080, making it the first month ever where the average price exceeded $50,000. The figure marked a 2.1 percent increase compared with August, and a 3.6 percent year-over-year increase, the latter aligning with long-term vehicle price inflation, according to KBB.


It's a wonder the market can sustain that kind of massive expense.....A loaded SUV for near the price of a decent home in WV....No thanks, I choose not to participate in such goings on.

Most buyers these days have been conditioned to only focus on the monthly payment, so who cares about what the price is or if the loan is for 7+ years, right.

I also noticed the is a sub-prime car loan crisis upon us. Lots of banks have exposure.

 

[Bitterhook]

So you pulled a number out of thin air and are claiming someone else is retarded? Wow…that’s pretty stupid.

Just stop, you retard.
The Average Wealth Per Citizen is provided on the National Debt Clock (lower right-hand corner, dumbass).

Well, what the ****, there it is.

Of course, that has nothing to do with salary or income, the same way the average price of a vehicle including lots of vehicles practically no one can afford, doesn't mean an average person needs to be shopping for shit they cannot afford on an average income, dumbass.

 

[Dekster]

That number is expected to almost double this year, which is not a sign of a booming economy. Furthermore, the average price of a new vehicle is now $50.000, which is out of reach for many people. Yes, people can buy used cars, but with used cars comes increased maintenance and repair costs. One thing I have always wondered about is why the consumer can't buy directly from the manufacturer? Why do we need to go through a dealership, a middleman, instead of buying directly from Ford? That would cut down immensely on the price of a new car and make them more affordable, yet I never hear any of the politicians talking about this.

An increasing number of Americans are falling behind on their car payments, mimicking a trend commonly seen at the start of major economic downturns.

Last year, 1.73 million vehicles were repossessed, which is the highest number since the year following the 2008 financial crisis, according to a report by the CFA seen by the Wall Street Journal.

"Delinquencies, defaults, and repossessions have shot up in recent years and look alarmingly similar to trends that were apparent before the Great Recession," said the report.

Delinquency, which refers to being late on loan repayments, can devastate investor confidence and lead to an economic crash.

MSN

Where are you gonna take your new car for warranty and recall service if there is no dealership to take it to?

I have never owned a brand new off the lot car. I never will. My wife buys them new for herself but she is also driving over an hour each way to work.

 

[Fort Fun Indiana]

I, on the other hand, only buy new cars. The first couple of loans had large payments. Then I started building equity. Now I drive $50,000 cars with $20,000 loans.

 

[Zincwarrior]

Yeah, and how exactly has that wonderful plan of yours worked out in historical context, and the millions upon millions of dead it always leads to, rather than simply continuing to pretend that Critical Theory and Class Warfare will ever provide you with anything less than death and destruction?

Go ahead and keep insisting dividing the people against each other will make us stronger, and your stupid ass won't simply be keeping us weaker and susceptible to outside forces and influence that will crush your stupid ideology and leave us all in the dirt.

Just shut up with your pathetic whining and take a harder look at your ignorant desires.
The only reason that ridiculous crap still survives, is because fools want to pretend it is not eternally flawed in conception, and the dead people are not capable of telling them how stupid they are.

There's an average of one revolution every three years in the Americas. That doesn't include the guerrilla movements and general Detroit level crime.

 

[Bitterhook]

There's an average of one revolution every three years in the Americas. That doesn't include the guerrilla movements and general Detroit level crime.

One of them turned out pretty good, and they provided their new nation with an awesome constitution.

Then over the years they neglected the limits to the power their constitution granted their federal government, neglected the idea that the states that comprised the union in the representative republic could better provide for the desires of the people with more accountability, and then demanded the power be given to the few in the ruling class, open to the influence of the wealthy, and the corruption of the National Treasury, all in attempts to suggest the wealthy were the problem in the first place, and divide the people against each other for the sake of humanity.

So far, that one still ended better than the other ones.

 

[Concerned American]

It takes a special type of dishonesty to draw that conclusion.

About as dishonest as using the average price of a car to make a point, eh?

 

[JGalt]

That number is expected to almost double this year, which is not a sign of a booming economy. Furthermore, the average price of a new vehicle is now $50.000, which is out of reach for many people. Yes, people can buy used cars, but with used cars comes increased maintenance and repair costs. One thing I have always wondered about is why the consumer can't buy directly from the manufacturer? Why do we need to go through a dealership, a middleman, instead of buying directly from Ford? That would cut down immensely on the price of a new car and make them more affordable, yet I never hear any of the politicians talking about this.

An increasing number of Americans are falling behind on their car payments, mimicking a trend commonly seen at the start of major economic downturns.

Last year, 1.73 million vehicles were repossessed, which is the highest number since the year following the 2008 financial crisis, according to a report by the CFA seen by the Wall Street Journal.

"Delinquencies, defaults, and repossessions have shot up in recent years and look alarmingly similar to trends that were apparent before the Great Recession," said the report.

Delinquency, which refers to being late on loan repayments, can devastate investor confidence and lead to an economic crash.

MSN

What it's a "sign of" is a bunch of dumb ***** going out on a limb and buying pricey EV's back when Biden/Harris was passing out Covid stimulus checks like money was made out of water.

Too ******* bad, so ******* sad. If Obama hadn't taken so many good used cars out of the market with his idiotic "Cash for Clunkers", they could have gotten a good deal on a used car instead.

So **** 'em and feed 'em fish heads.

 

[Admiral Rockwell Tory]

We bought ours when the interest rates were still low. Ours is 3.12%. If I were to buy this house now the mortgage would be hundreds more per month. It's crazy.

Who raised those interest rates, or should I say by whose actions were they raised?

 

[MostBoringManInTheWorld]

Trump out here setting records

Is he tired of winning yet?

 

[candycorn]

Just stop, you retard.
The Average Wealth Per Citizen is provided on the National Debt Clock (lower right-hand corner, dumbass).


View attachment 1193026

Well, what the ****, there it is.

Of course, that has nothing to do with salary or income, the same way the average price of a vehicle including lots of vehicles practically no one can afford, doesn't mean an average person needs to be shopping for shit they cannot afford on an average income, dumbass.

Ahh, so now you’re imaginging that they are making cars practically no one can afford.

As is always the case with Trump supporters, they have to create some conspiracy theory to try to make him look good.

 

[Bitterhook]

Ahh, so now you’re imaginging that they are making cars practically no one can afford.

As is always the case with Trump supporters, they have to create some conspiracy theory to try to make him look good.

No, you are still imagining you have something worth arguing about, and you completely suck at arguing, as is always the case with retarded class clowns like you.

 

[candycorn]

No, you are still imagining you have something worth arguing about, and you completely suck at arguing, as is always the case with retarded class clowns like you.

Yet you’re the one inventing theories to explain why the average price of a car has risen to more than $50,000.

The tariffs caused this.
Trump is 100% responsible for the tariffs.
Those are the facts and no amount of your whining about “average wealth” is going to change that.

 

[Bitterhook]

Yet you’re the one inventing theories to explain why the average price of a car has risen to more than $50,000.

The tariffs caused this.
Trump is 100% responsible for the tariffs.
Those are the facts and no amount of your whining about “average wealth” is going to change that.

You're the one that cannot seem to understand a very simple concept about how useless your "average' and your logical basis for using it (or lack thereof) actually is.

Continuing to try and argue a something you obviously don't understand, is why you are little more than a retarded class clown, but keep whining and blame me, because that is about all your retarded ass is intellectually capable of.

 

[candycorn]

You're the one that cannot seem to understand a very simple concept about how useless your "average' and your logical basis for using it (or lack thereof) actually is.

The average price of a car has risen to $50,000+ thanks to the blob’s tariffs.

Those are the facts and they are not in dispute.

Continuing to try and argue a something you obviously don't understand, is why you are little more than a retarded class clown, but keep whining and blame me, because that is about all your retarded ass is intellectually capable of.

Your name-calling only means you can’t refute my facts. I don’t envy your position...but then again, nobody forced you to try to play a losing hand.

Take your loss like a man (if you can).