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    Riskier borrowers under inflation pressure frozen out of US car loans (FT)

    @alex2017 A guy in town just decided to sell his 84 monte carlo ss. He's almost 80 years old and he has a bunch of cars. Needs an engine and transmission. He was going to redo it, but he's putting a v8 in his s10 instead. He said he'd sell the monte carlo for what he paid for it. I think he...
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    Riskier borrowers under inflation pressure frozen out of US car loans (FT)

    @alex2017 I just grew up really broke. It was either figure out how to keep a car going or don't have one. I'm probably the least mechanical of my friends, but the savings pays our house payment. Almost every place I've ever worked went out of business or moved. I like having money to fix...
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    Riskier borrowers under inflation pressure frozen out of US car loans (FT)

    @alex2017 I look at it like, if I buy a $500 vehicle then thats just over scrap value. Its hard to find good ones, but a couple salvage yard tires etc will get them right into shape a lot of times. There are deals out there. I know a guy in poor health that is on disability. I recently showed...
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    Riskier borrowers under inflation pressure frozen out of US car loans (FT)

    @alex2017 I was so broke growing up, I still buy cheap cars for cash. I remember when a $300 or $400 car was all my money. My last truck was $500
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