TheGrayRider
Well-known member
Hi IdahoPotato.This is so odd to me. I live in a modest neighborhood in a small town where there are not a lot of high paying jobs. The other day I get home and my neighbor has bought a 2019 F250 FX4. That's a $60,000 bill. For reference that's roughly half the value of his house. He's a young guy about my age. My wife and I actively save, drive older vehicles (never bought new), no mortgage, no loans, and plan to retire early. I just cringe at the thought of paying a bank a monthly check for something that you pay interest on and is DEPRECIATING as it sits in the driveway. I have met a lot of people my age that just don't think that way. I know it's not my place to judge.
Leveraged vehicle worth half of your mortgaged house?
Financial stupidity!
I often hear the state court civil judges tell the debtors that there is no longer a stigma for filing bankruptcy. Does the borrower and consumer not have responsibility and accountability in this country?
Again, the auto industry has the American consumer by the ... I wonder what our grandfathers would think.
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