Finance vs paying cash?

That's the way to do it. I have walked away from some credit companies who refused to allow me to pay off early without penalty.

 

Its actually called subprime auto financing, I was reading the Financial times and they were talking about the default rates on those 72-96 month auto loans jumped 24% in the past couple of months. its another subprime bubble this time its in the auto sector. And you notice how everyone does not want mention the R word, but us as Truckers we are already seeing the slow down in the transportation sector.
If I can find the article I will post a link to it.

 

As soon as oil prices started to drop nearly 2 years ago I knew we were in recession. Mainly because all our OT was cut out back in mid 2014.

 

http://finance.yahoo.com/news/subpr...-approaching-2009-181042219.html?soc_src=copy
Heres one of the articles

 

heres another one I found
http://finance.yahoo.com/news/auto-loan-market-beginning-look-185955681.html?soc_src=copy

 

I think your full of cotton balls bro. I read the thread because it was interesting and I am in no need of a loan right now but to mention something and not want to disclose a part of it makes you sound like a liar. Just saying... You sound like a trucker at a truck stop who says he grosses 12k a week with 1 truck pulling a van, but refuse to show any type of proof as if I am just supposed to believe it.

 

I get a great rate from my local bank on ANYTHING I want. I would not share her contact information on a forum either. Last thing a small town bank president needs is a bunch of city people calling her begging for money!!!! Took me 4 years to build the relationship with them. That would ruin it for sure.

Just saying....

 

Your funny!!

 

Who said anything about sharing contact info. Sounds like you have a comprehension issue. We are talking about the name of the bank bud. I bank with Wells Fargo and I am happy there. I would have any issue giving you my bankers contact info because she would consider me helping her grow. You gentlemen are acting like this is some sort of super duper top secret financial investments insider tip or something SMFH LMAO

 

The exact thing I said about you