NaijaFlavor
Naijaflavor, I Love Doritos
NaijaFlavor

My laptop I’m currently typing this on has a +5 HP sticker on it.

I’m a sucker for some Blipshift shirts. They’ve given my cars, fridge and computer tons of horsepower in increments of 5

Let off the accelerator. The entire truck is basically a giant air brake.

It’s not the weight, it’s the aerodynamics of a barn door.

It’s shaped like a brick. And probably close to 6,000lbs.

“Pfft. Amateur.”

Go look up some of the stats on subprime auto lending. People can’t afford their cars. They are up to their eyeballs in debt.

i keep hoping to see more development of that movie.

I don’t see a stance alignment on that car. The rear tires are flush to the flares, but they seem to have a normal alignment, not stanced.

Well, because of all of that, I made out pretty well with my first two house purchases. Let’s see if the auto sector works out the same way!

Cars are getting more expensive because buyers want more stuff in them.

The oversimplified answer is probably lifestyle creep. People like to treat themselves, then when they do it they don’t want to go back so they set it as the new norm. As a result, give people more money or make an expense more accessible and you can be sure people will push right up against the new margin.

Or, alternatively, buy cars you can afford as opposed to expensive cars with longer terms. You know, like our parents and grandparents did....Regulatory costs? You mean stuff like safety, emissions, fuel economy? Yeah, who needs that shit....

But the crash caused by auto loans will be muffled by the impending train wreck in student loan debt, which will be drowned out by the rolling thunder from hidden foreclosures and high delinquency rates in the (primarily retail, but also office and industrial) commercial real estate market.

Exactly. I can’t count the number of times someone asked me to help them find the cheapest possible lease on a car that they swear can be bare-bones and do nothing but get them to work, but when I pointed out the old $99/mo smartcar leases, they were like “...wait. Not that.”

Fixed it for you.

It is the echo you hear, but you hear it because of the subprime housing bubble. The bundling and reselling behavior that magnified the effect of the housing crisis was partially enabled by the investors that bought all those bad home loans without knowing how bad they were. The situation for subprime car loans is

February and September are flyover months, so the math kind of works out

I just bought a 2011 Challenger SRT8 w/ 30k miles for less than a new Challenger V6.

1st Gear: ‘Deep Subprime’ Loans Are Becoming The Norm And Everything Is Fine, Just Fine