On 17/01/2017 6:34 PM, Kyle Arola via Mercedes wrote:
Filled by idjits, America struggles on.

Anyone who can't get 0.something percent would be better off saving some
money and paying cash for a $1500 car and waiting to pay off their debt.

But don't listen to logic... Stupid Americans want a new car...

Kyle


Maybe, but, cheap cars cause trouble and most people are unable or unwilling to do any work on them - especially true of the newer vehicles with complicated systems. Taking a car to a garage these days will usually cost close to a $1K even if it is not a major failure. People therefore find it easier to lease or buy a cheap new car and make a monthly payment that never goes away. They essentially rent a car forever but they have reliable transportation and for the most part, known costs.

RB

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