Originally Posted By: JHZR2
Originally Posted By: Black Bart
Originally Posted By: JHZR2
I never said that the average buyer was smart.
JMH
Your all right it is just the rest of the world is screwed up
Ummm... based upon the financial position of a LOT of folks in this country... obviously they are screwed up, pursuing UNSUSTAINABLE behaviors in interest of "comfort", "luxury", "freedom", "feeling good", etc. Andnow it is biting them.
Just because the focus isnt on autos, but rather homes as of right now, doesnt change the situation. Folks are now on average rolling $31k into new car debt, notbecause theyre buying expensive cars, butbecause they roll old loans into new ones.
THe average CC debt load on a family is $11k. If you just pull those who actualy have CC debt (so the $0 folks dont skew it too much), the debt is on average $17k.
unsustainable and stupid. If you cant afford to pay for a car cash, maximize your 401k, and live CC debt free, youre doing something wrong, and "more power" is a luxury that you cannot afford.
JMH
Some people like to live life. I'm sorry but I wasn't going to wait 5 years until I could buy my TL cash. Do I need the TL or Buick? No. The GN has countless good memories and I wouldn't trade it for anythig. They make me happy so it's worth the debt to me. What's the point of living if you don't have a little fun along the way? You come across as a very cynical person.