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WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
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[quote:Anonymous Coward 77534636:MV80MDM1MTc0XzczMTAyMjg1XzU1MURCRDA2] [quote:TIO JUAN:MV80MDM1MTc0XzczMDgxODIzX0EyOUY0MkU1] [quote:red pilled:MV80MDM1MTc0XzczMDgxNTIyX0RENDBFMTIw] with all the inventory, prices should decline. [/quote] They can only offer smaller payments for a longer term ! Car loans were 18 months term years ago , now is 48 months Leasing with $150/ month , no down-payment Car loan Subprime is the new normal. [/quote] Smaller payments over a longer period of time only worsens the situation, making life time debt slaves out of people. They did the same thing with housing. The solution should be to get rid of the rentier class economy and prices would come down. You do not have 100,000 to pay for that education you do not get it. You do not have 30,000 for that new car, you do not get it. Get rid of usury and theft. [/quote]
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