Impending economic doom? Haven’t you seen the DJIA? You know, the only number that means anything about the economy? It’s almost recovered because the economy is ready to re-open! All we had to do was inject some disinfectant!

You are right that a dollar today is worth more than tomorrows, so why give up today’s dollar when you can give the lender a dollar tomorrow that is worth less.

I’m sorry but this is so backwards.

There’s an assumption that whatever affected you personally is not a societal event, but perhaps constrained to a particular industry or geographic location. So there’s an underlying assumption that new employment can be found relatively quickly, even if one has to move to a different city.

Not entirely. The useful life of a car has increased dramatically since the 80s. Once upon a time, it didn’t make sense to finance for more than 36 most because many cars were close to “used up” at that point. That’s no longer the case, but I’d still be reluctant to finance for more than 60.

I’d argue you may have more options underwater currently.

My answer is none. Now is not the time to go into debt or spend reserves. But I’m just Debbie Downer.

The reason is that they have to finance the cars on the lot. On average it’s somewhere in the range of $50 per car per day. So once a car has been sitting for 100 days, the dealer is now into that car for $5,000 more than one that just rolled off the delivery truck. And then the dealer’s financing will have a debt…

They exist to be a needless middleman exaggerating the cost of the vehicle you’re trying to buy. They exist to sell as many useless add-ons as possible. They exist to provide jobs to educational failures.

A brown wagon, with a V8 and a manual. Also it is amphibious.

I’m betting on some sort of insurance fraud. Car rentals have tanked with the virus and these companies aren’t getting any kind of bailout. I know some car companies are self-insured, so I’m curious if the ones lost in the blaze fall under that umbrella or not.

not really because stock they are making way more than 335hp but yes that is a huge bump

Maybe they can cut their lobbying budgets so they can stop paying politicians to vote against mandatory dealership laws?

Now that my contract is finally cancelled, I can finally talk about it: Until Monday, I was doing machine learning for an ad agency that Ford contracted back in 2018. Ford still has the contract, but the agency (I’m not naming them because they may want to re-hire me once this all turns around) is shedding a lot of…

People don’t HAVE to have a realtor...but in many states you HAVE to have a dealer.

Gas is well under $2 most places and falling fast. Even if it wasn’t, you shouldn’t base a $40K decision on a difference of a few bucks per tank.

They’re parked on the lot right next to the $35k Tesla Model 3s.

Do base models generally exist in large numbers for anything other than econoboxes?

Should i joke about this? I’ll risk a small one-

It would seem that coming into work to stage the sit in kind of defeats the point. If you were that worried about your health, you wouldn’t have come in at all.