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Miguelito Loveless

(5,563 posts)

14. The median U.S. family can afford a $400 a month car payment

Wed Dec 11, 2019, 12:13 AM

Dec 2019

These vehicles are clocking in at $800.

Repos are already way up, and when Trump finally tanks the economy, sub-prime auto loans will go the way of the sub-prime mortgage loans.

And if oil prices spike, it will unravel all the faster.

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GM doubles down on big SUVs to pay for tomorrow's electric cars [View all] turbinetree Dec 2019 OP

Interest rates are 2%, they can't borrow the cash? bucolic_frolic Dec 2019 #1

They've been doing nothing but borrowing OnlinePoker Dec 2019 #2

Holy carbon footprint! Auggie Dec 2019 #3

To be fair no one considering this vehicle cares about carbon footprints. Arthur_Frain Dec 2019 #35

Vehicles are tools. mwooldri Dec 2019 #4

Sorry but I dont want them anywhere near me. I've been close enough years ago. oldsoftie Dec 2019 #6

The tandems aren't near as bad as the triples, dware Dec 2019 #12

TRIPLES!?!? I guess i've missed the areas those are legal. oldsoftie Dec 2019 #15

Indiana and Ohio for sure. I make the drive from Iowa to upstate NY bullwinkle428 Dec 2019 #18

Only 13 states allow triples on their roads, dware Dec 2019 #20

I'd only pull triples in Australia, where they have the space. mwooldri Dec 2019 #26

I don't even like pulling doubles, dware Dec 2019 #33

Check out this madness. Codeine Dec 2019 #34

I wonder if they've got HUGE stretches of empty road out in the country? oldsoftie Dec 2019 #36

Whatever gets in the way is going to get hit... HARD! NurseJackie Dec 2019 #38

Amen to that!!!! nt dware Dec 2019 #11

So true - my work vehicle of choice is a Suburban csziggy Dec 2019 #21

I have an '09 Tahoe. Same deal. Busy as hell with it. AtheistCrusader Dec 2019 #29

My third row seating was taken out and stored immediately csziggy Dec 2019 #30

This is an article about why we should be putting more effort into trains. Sadly the railroad rwsanders Dec 2019 #24

Interesting read, thanks! mwooldri Dec 2019 #27

Probably should have been the answer from the beginning, at least in FDR's era rwsanders Dec 2019 #32

Wait until the recession hits. llmart Dec 2019 #5

Behemoths is an accurate description Massacure Dec 2019 #10

Probably a control freak. llmart Dec 2019 #17

When I see them I remind my kids that in developing countries a family of 11 will live in that much rwsanders Dec 2019 #25

Hey GM, how about a BIG ELECTRIC SUV and a high-paying job to pay for it? abqtommy Dec 2019 #7

Yes, let's take 6 steps backward, denvine Dec 2019 #8

These behemoths shouldn't be expempt.... SergeStorms Dec 2019 #9

Is there still a large market for these? I rarely see large tanks like that roaming around Sapient Donkey Dec 2019 #13

The median U.S. family can afford a $400 a month car payment Miguelito Loveless Dec 2019 #14

so the logic is to pollute now to save the earth later? Javaman Dec 2019 #16

I see another SOCIALIST bailout for the incompetent automakers coming soon. -nt CrispyQ Dec 2019 #19

This is sick MBS Dec 2019 #22

I drove my old '97 Chevy dually to pick up some goats this morning (yay!) Bayard Dec 2019 #23

I get enough grief driving a Freightliner Cascadia for groceries... mwooldri Dec 2019 #28

Love my GM vehicles, but my favorite ever was my discontinued VOLT JCMach1 Dec 2019 #31

Of the two, I think I like the Tahoe better... VarryOn Dec 2019 #37