bitkahuna

iTrader: (20)

interest rates next year will make car financing VERY expensive.

rough times ahead.

lexusnyca

Many of these dealers have it coming. I hope a lot of them go under for their predatory pricing practices.

jer

It could be worse, rates could have gone up to where they were in the 1980's which were in the mid-teens for cars & homes. Hopefully this won't happen.

Toys4RJill

It could be worse for sure 80s was 15% for cars at the peak if I can remember. Right now, the rates are definitely not high enough. Need to be at minimum 10%.

bitkahuna

iTrader: (20)

it could end up going higher than then, no room for complacency now.

u.s. is nearly 30T in the hole. even if doesn't go technically bankrupt, the dollar has gotten weaker, but fortunately for the u.s., other countries are even weaker, so the u.s. dollar is 'strong' vs. their junk currencies.

the u.s. continues to spend money it doesn't have with zero financial discipline (that's not a comment about one party or another, there's obscene spending across the board). u.s. politicians spend (other peope's) money to buy votes, basically.

/rant