Economic crash worse than in 2008?

Discussion in 'Ask An Owner Operator' started by DUNE-T, May 11, 2020.

  1. tommymonza

    tommymonza Road Train Member

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    I went to the boat show a couple years ago in Grand Rapids Michigan , which is pitiful at best in my world

    18 foot skiboats and pontoon boats Starting at a $100 thousand . Many more 150 and up. .

    But you can just recently finance them 30 years. Absolute Utter Lunacy.

    Cheap Easy Credit is the downfall of our country and government. It has encouraged endless stupid spending

    Most people lose interest in boats and rvs the first 5 years , and after that they can't afford to sell them because their buried in them .

    after 10 years of them sitting their junk, and most rvs were junk to begin with .

    Unbelievably huge and extravagant houses being built everywhere that are financed to the Hilt , by People "but I am making 20% in the stock market".

    Lost my only child 10 years ago and I miss him everyday , but now days I am relieved he won't have to grow up without a World we used to know. .

    My 89 year old father passed away last year . Every week my father used to tell me.

    "Kid we lost another one of ours Rights this week , so enjoy the Country you have now, because I don't have much confidence it's going to get better".

    Not going to make this a Political thread but our government is one Misstep from destruction these days.
     
    Last edited: May 14, 2020
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  2. FoolsErrand

    FoolsErrand Road Train Member

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    Sorry about your baby tommy. My biggest fear.
     
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  3. Trucking in Tennessee

    Trucking in Tennessee Road Train Member

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    The two worst questions that anyone can ever ask are "How much are the payments" and "can you get me approved".
     
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  4. snowwy

    snowwy Road Train Member

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    I'm always wanting to know the payments.

    I'm not worried about approval.
     
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  5. Trucking in Tennessee

    Trucking in Tennessee Road Train Member

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    Hopefully you negotiate price before you ask about payments. And I also hope you don't finance luxury items like boats, etc.
     
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  6. Lennythedriver

    Lennythedriver Road Train Member

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    I agree with you completely the only argument I would make is about an RV. If you buy one that’s 2 to 3 years old you can get it for about half the sticker price. A lot of truck drivers, because they only have 2 to 3 days off a month, keep an RV and they stay in it during their time off. That’s currently what I do. The place I stay at charges me $25 a day with full hook ups including cable TV and Internet and they have storage right there. So when I come back into town I just pull it out and hook it up and it cost me $75 for three days off. I don’tWant to buy a big expensive home, for what? To stay there three days a month? Plus with the RV if I want to go to the beach or the mountains if I have a couple extra days off, it’s two hours either direction.
     
  7. FoolsErrand

    FoolsErrand Road Train Member

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    Just keep the roof sealant in tip top shape bub.. A camper is a sponge waiting to happen.
     
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  8. Trucking in Tennessee

    Trucking in Tennessee Road Train Member

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    Actually if you have the right setup, you can call that RV a residence and take it off your taxes. I think it's something to the effect of having a stove, shower, commode and sleeping quarters. I know a lot of guys when racing were buying diesel pushers and getting 30 year mortgages on them.
     
  9. Trucking in Tennessee

    Trucking in Tennessee Road Train Member

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    I bought some stuff in a green paint can (gallon) that had a white, rubberized sealant that you applied with a brush. My roof never had a problem. It was very good. I believe it came from Camping World.
     
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  10. FoolsErrand

    FoolsErrand Road Train Member

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    Probably a paintable silicone product. I have used that sort of stuff a few times with good results.
     
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