Depends on the state in the U.S.-and depends if you took out additional loans( and when)on the property in other states. (You need to read the whole page)
https://www.financialsamurai.com/non-recourse-states-walk-away-from-mortgage/
10 yr Auto loans....yikes!
- Thread starter ZZman
- Start date
https://www.financialsamurai.com/non-recourse-states-walk-away-from-mortgage/
needless to say, Tesla started 10Y loans with their T model introduction back in the day!
BITOG: where other people’s finances are none of your business, unless you don’t agree with the choices.
Doesn't work that way in the US. A couple of things.
No 1 the 80 yr old still must be able to afford the payment. 80 yr olds typically aren't bringing in a lot of money every year. So the houses are relatively inexpensive which makes them easy to sell.
No 2: The value of the home won't change all that much when the borrower passes away in 5-10 years.
No 3: Insurance would probably be viewed as some form of age related credit related discrimination which is illegal
....brown and blackouts as the grid fails to sustain. Remember when gasoline prices fell stupid low a few years back? Well people started to drive just to drive because it was so cheap. Well, you get enough NEW EV owners that will want to drive and charge because it's new and trendy and put that with the ones out there already and I see a backlog of charging stations and during the summer possible blackouts. I'd rather see Natural Gas
really take off. Love propane,better to cook with and we had an abundance of it as a untapped resource....brown and blackouts as the grid fails to sustain. Remember when gasoline prices fell stupid low a few years back? Well people started to drive just to drive because it was so cheap. Well, you get enough NEW EV owners that will want to drive and charge because it's new and trendy and put that with the ones out there already and I see a backlog of charging stations and during the summer possible blackouts. I'd rather see Natural Gas
I guess Tesla must think they can find suckers to fall for 10 year loans???
Do you recall when problems have solutions? And problems not being permanent? California is committed to EV's. Not only will they work it out, but in order to meet to their own mandate they have to. Will it be on their initial time frame? Maybe not.....brown and blackouts as the grid fails to sustain. Remember when gasoline prices fell stupid low a few years back? Well people started to drive just to drive because it was so cheap. Well, you get enough NEW EV owners that will want to drive and charge because it's new and trendy and put that with the ones out there already and I see a backlog of charging stations and during the summer possible blackouts. I'd rather see Natural Gas
Every EV post on this forum has objections and/or problems. But yet no one mentions they will be solved-in time.
That's what I see-as someone who spent 50 years of my life in California. After all-they solved the clean air issue-didn't they? And 13 states followed their example.
Truer words have never been spoken. We have moved beyond "thick vs. Thin". To debt bad....very bad. New cars bad....very bad. Lot of pent of frustration around here.
Thats why we are baling out banks in California.
edyvw
$50 site donor 2025
And does it have a CVT?
edyvw
$50 site donor 2025
The 2024 3500 Ultimate Denali doesn't have a transmission dipstick, but I think the engine oil dipstick will fit down the ATF fill tube.
We need a new thread topic; I did everything right. Worked hard, drove a beater and a month after I paid the house off the ol' lady filed
for divorce and took everything.
Red Pill Randy
What is complaining about it gonna change?
My favorite is when the depreciation police come out to throttle the idea of a new vehicle purchase. No mention of the higher cost of ownership on trucks and SUVs though. Also seemingly absence on boat, RV and other toy topics.
Brand new Camry - depreciation is bad - you could be investing that money. Used Tundra to commute and pull a boat - it is nobody’s dadgum business - this is still America ain’t it?
Good times.
E9x 335i, a very nice car. Hope the N54 has been more reliable for you than most, lol. Great engine despite its flaws.
I bought my M2 comp new because the used prices were just not dropping to a level that made sense. I’d rather pay an extra 5k to know exactly how the car was treated from day one.
I feel the same way, maybe when I get a little older I won't care. I want to break the car in, be the first person to detail it [I make sure the dealer knows that, and remind them before I take title to the vehicle]. I want to dump the FF early, change the transmission fluid early, along with the differentials and transfer case, etc. if equipped. All the things that drive some people here nuts.
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