I’m currently down to just one real car at this point, which is just my 35 year old Volvo station wagon. I even applied for an auto loan, got approved for a $24,000 pre-owned car, and have decided I’m just gonna keep driving the shag wagon because of how uncertain the economy is feeling these days. I think a lot of people are going to be either doing what I did w/r/t auto loans in the next few years (just keeping what theyve got) or defaulting on their current ones. System just isnt sustainable.
I’m currently down to just one real car at this point, which is just my 35 year old Volvo station wagon. I even applied for an auto loan, got approved for a $24,000 pre-owned car, and have decided I’m just gonna keep driving the shag wagon because of how uncertain the economy is feeling these days. I think a lot of people are going to be either doing what I did w/r/t auto loans in the next few years (just keeping what theyve got) or defaulting on their current ones. System just isnt sustainable.