Congrats on the new ride!

Just the same Toyota playbook.  Aging platform+new sheet metal=Looks at our brand new car!

Sure, but different people roll in different circles.  When you have checked all the boxes from wife not needing to work, kids in private school, 2x a year family trips (HI and overseas), having a $600 car note is just another expense on the line.  There are people we know at my kid’s school that rents a townhome for…

Not according to my CPA and when you factor in we plan to upgrade from a 4br to a 5+br house in the near term. 

I guess the way I look at it, it comes down to what you already own and how is the money situation as a whole. If you make a decent salary and already own a place, have money put away and a sizeable stock portfolio, having a $500 a month car note isn’t a deal breaker and to be honest, the norm where I live (Orange…

Not here in so. cal.  I am in no hurry of paying it off because we got locked in with a great rate when we bought and sitting on about $200K in equity.  As head of household and file jointly, it is nice to use the interest to lower my annual tax burden.

As long as dealers and lenders are in the market to make money, they will stretch it as long as the market dictates. 

Median incoming in my area is $75K, and many earns below that.  So when they cruise around in their brand new accord touring, I can pretty much bet they did it on no money down and probably with crappy credit.

Under normal circumstance, I agree with you.

...The low rider is a little higher...

Have a 2019 Odyssey, as soon as we took the van home, we took out the middle seat.  The sliding seats come in handy too. 

As a minivan owner, we use it to haul people and stuff.  Too early to knock the hybrid only engine, but I am going to guess those missing hp will be felt. 

Yeah, no, I will stick with my Passport. I liked the original Venza, but was disappointed when they decided to stop production several years back. Really disappointed with the entire Toyota product line, hence why we went with the Odyssey and the Passport.

#2 - Time for a reality check.

4th: I hope COVID-19 proves that teleconferencing by various means can replace in person meetings, especially those that requires airline travel. Just as I am writing this, my team is hosting a multi-site all-day project planning meeting today and tomorrow via Zoom. The original meeting had about 50 people flying in…

Does anyone know what the relationship is between Uber/Lyft and car purchase? Curious to see if there is a correlation between the two since you can’t be a driver with a 1982 Oldsmobile, people tempted by the gig economy might be motivated to buy new or newer set of wheels the last couple of years.

Good for you, I hope everything works out for you and everyone out there. Fortunately, my line of work (department business officer at a leading university) won’t see much change but that doesn’t mean we are completely out of the woods. We will likely have people on our team or their spouses that will be impacted.…

Cheap gas will keep this fire going for awhile.  90+ months loans, here we come!

Wow, I can’t tell you how many people I see in the same boat. People don’t get economy can turn sour, quick. In the last 12 months, I have been telling people the way things are being propped up, it is not normal. Then you factor in the “I want nice things too...” mentality and it is just a disaster waiting to happen.…

Want the latest cell phone? Just finance it!