Not correct. A majority of companies stopped pensions in the late 80's, and were getting into 401k. Pensions are now mostly false promises given by municipalities and some unions.

You’ll be waiting a while.

No, they actually NEED that new $60k full sized SUV in order to carry their one child and maybe her little friend on that play date. Otherwise their lives won’t be complete.

What? How would those collapse at this point in time?

I lost count of how many times I broke down payment scenarios between leasing and financing and had the lease within their budget and typical ownership time frame and they look at me and say “I don’t understand” or like you said, they don’t own the car, and either leave confused or upset because they were the ones…

If more people would lease their cars, then the long term loans wouldn’t be a problem, it would also drop the cost of the used cars since there would a few more on the lots.

Don’t bring data and facts into the conversation, they won’t be able to scream about the sky falling.

How will the housing bubble burst when there isn’t over pricing of houses, a low employment rate, forced compliance banking procedures, variable rate loans increasing or balloon payments coming due or predatory lending practices happening? There aren’t a bunch of over leveraged households using the house as a credit…

No, you can’t add predatory lenders and dealers to the list. A predatory lender means there are definite under handed means performed while initiating the loan. In other words, the lender gives you the loan with out asking about your job or income, or simply does not confirm the information you put on the…

Wait, I thought that the Millenials were unable to find work or earn a decent wage and weren’t able to save anything because they were barely getting by with their meager income? IThen there was the poll that said 1 in 6 or 1 in 5 have over $100k in savings. I guess it all depends on who you ask, with these poll…

Absolutely not. If you are able to have $100k in the bank, then that means you are living in a house that is well with in your budget, as well as your car is paid in full, your utility bills are paid in full every month, your credit cards are also paid in full every month or cary over a small balance and of course,…

Wait a minute, I just realized two things. First you had to borrow someone else’s Mybach. What, can’t afford your own, so you have to take like you can?

And for all of you that are saying a measly V6 powered Camaro is under powered, 300+ hp. isn’t anything to sneeze at. In fact, it wasn’t all that long ago when the V8's were braking 300 hp. boundaries.

First of all, why the Fuck were you driving in the left lane? You were supposed to pass the slower car and then get back over in the right lane. Shame on you. Just because your vehicle is extremely over priced does not mean that you can slow traffic to your pitiful speed. YOU should have been pulled over.

I was thinking them at myself. What a turd.

Especial since many of the wealthy ones own the carry car companies that these guys covet so much, and if it weren’t for people with money and a vision, we would still be riding horses, or God forbid... walking everywhere.

You really are ignorant to the ways of the world. He doesn’t expect to recoup 1 million dollars in the next year or two for this vehicle. The money goes to charity, to help those that are less fortunate then others for what ever reason. His collection of cars has one more added to it, and you go on about your…

He SHOULD be doing what ever he seems necessary with his money. Who are you to tell anyone what they should do with their property or money?

I would, if I had it.

Actually, has has several 001 VIN cars in his collection, so we won’t see this, or any of his cars up for auction.