1 hour ago, HazletonEagle said:

When will it be a good time to buy a car?

Probably when Biden was president.

6 hours ago, Alpha_TATEr said:

wow, what a pimp move by our president!

see you smooth brained soyboys, this is how it's done. art of the deal bizels.

I had to check to see if this was @Bear Grylls

1 hour ago, Paul852 said:

Probably when Biden was president.

Was a bad time, actually. Dealers were asking over MSRP because of COVID inventory shortages.

Now is starting to become a good time as auto loan delinquencies have been steadily increasing. I’d say give it a year.

1 minute ago, TEW said:

Was a bad time, actually. Dealers were asking over MSRP because of COVID inventory shortages.

Now is starting to become a good time as auto loan delinquencies have been steadily increasing. I’d say give it a year.

I was just kidding. The auto market has been broken for quite a while. The auto loans people took out (rolling over negative equity) during the last 5 years is insane.

3 minutes ago, Paul852 said:

I was just kidding. The auto market has been broken for quite a while. The auto loans people took out (rolling over negative equity) during the last 5 years is insane.

Listening to Dave Ramsey, and hearing all the stories about the cars people buy that they clearly cannot afford. It's mindboggling.

1 minute ago, Phillyterp85 said:

Listening to Dave Ramsey, and hearing all the stories about the cars people buy that they clearly cannot afford. It's mindboggling.

They want people to see them in cool cars. Having an auto loan in the 6 figures is absurdity.

20 minutes ago, TEW said:

Was a bad time, actually. Dealers were asking over MSRP because of COVID inventory shortages.

Now is starting to become a good time as auto loan delinquencies have been steadily increasing. I’d say give it a year.

Ah, yes. When inventories are low again due to tariffs. What a dope. 25% tariff on cars means 25% higher prices.

2 minutes ago, barho said:

Ah, yes. When inventories are low again due to tariffs. What a dope. 25% tariff on cars means 25% higher prices.

When car loans default, sales slump, and interest rates likely fall, genius.

1 minute ago, TEW said:

When car loans default, sales slump, and interest rates likely fall, genius.

JFC you're a moron.....

How about when prices skyrocket, no one buys new cars (or any luxury items) and the economy sinks.

I wonder what BS @TEW will be spewing here when we are officially in a recession on July 1st?

24 minutes ago, barho said:

I wonder what BS @TEW will be spewing here when we are officially in a recession on July 1st?

I told you so?

26 minutes ago, barho said:

JFC you're a moron.....

How about when prices skyrocket, no one buys new cars (or any luxury items) and the economy sinks.

Talk about being a moron, do you think a sinking economy and no one buying cars will make the car market more or less expensive? 😆

Hey guys, let’s tank the economy so car prices come down……but no one is working and can’t afford them anyway. I can’t believe anyone still tries to reason with these clowns.

The best example of a downturn in the economy precipitating a cooling of inflation was during Reagan's first term in the post-War era. 70's were dominated by stagflation not unlike what we're facing now. Difference between now and then was that the national debt was small enough where it could absorb interest payments on draconian rates. While Reagan gets the credit, Paul Volcker's fed was really who was responsible for stopping runaway inflation that was occurring in the 70's. Back then, it was possible to cool down the economy and wring out inflation through rate hikes. Today, the interest on the national debt makes that unavailable. It's a pickle.

Well that and Reagan wasn't an economically illiterate imbecile who gets duped by Facebook memes

1 hour ago, Procus said:

70's were dominated by stagflation not unlike what we're facing now.

Stop projecting a crisis where there was none.

Inflation in 1980 alone was over 12% and peaked at over 14%. And inflation was sustained far longer and was not due to acute economic trauma brought on by a pandemic and the supply chain shocks it inflicted.

We weren't in crisis because a Democrat was in office. Which is the only contention you have. We were brought to a soft landing that Trump threw a grenade on because he couldn't stand it.

10 hours ago, Phillyterp85 said:

He's too stupid to insult.

But I had heard he was 90th percentile IQ

8 hours ago, Procus said:

70's were dominated by stagflation not unlike what we're facing now

uhhh... not like now, no

15 hours ago, TEW said:

Talk about being a moron, do you think a sinking economy and no one buying cars will make the car market more or less expensive? 😆

You just don’t get it. Everything this idiotic president is doing is in the end going to tank our economy. But you just keep sucking his D.

13 hours ago, Procus said:

It's a pickle.

it's a pickle he says.

Sounds like people in here

34 minutes ago, Mike030270 said:

Sounds like people in here

Man, that's a stark contrast from the sermons that involved blaming Dems for you not being able to put food on the table (because your grocery bill went up $30 a week)

🤣

17 minutes ago, Mike030270 said:

Sounds like people in here

Truth is this is all being done so trump can justify the largest tax cut for the wealthy in history. DOGE was an attempt to cut spending, tariffs are a transfer of the tax burden to consumers. This administration is so incompetent they had no idea that how they went about it would tank the economy the way it has and ruin relationships with allies and trade partners alike.

Even if you support spending cuts (nearly everyone does just to different degrees) and re-negotiating trade deals (which anyone with common sense knows improvements can be made to anything with such a massive scope) only morons approve their execution of the plan.