Proles struggling with car payments (NYT)
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Poast new message in this thread
Date: March 21st, 2026 8:59 PM
Author: ...,.,,.....,,.,...,......,...,....,..
An $830-a-month car payment. Auto insurance for $280 each month. Thousands more for tire and maintenance repairs.
For almost three years, those bills have followed Davine Greene, a nursing student who hasn’t missed or been late on a payment since buying her Kia K5 GT in November 2023. But keeping up with the payments has driven up her debt to more than $80,000, not including student loans.
Last week, she filed for bankruptcy to escape the burden, she said.
“This car is the bane of my existence,” said Ms. Greene, 24, who lives in Fort Lauderdale, Fla. “Probably the worst decision I’ve ever made, like, financially speaking.”
https://www.nytimes.com/2026/03/16/business/car-ownership-prices-interest-rates.html
(http://www.autoadmit.com/thread.php?thread_id=5848415&forum_id=2)#49760411) |
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Date: March 24th, 2026 2:32 PM
Author: ,.,.,.,.,,,,.,.,.,,.,.,.,,,,.,,.,.,.,
Bane?
(http://www.autoadmit.com/thread.php?thread_id=5848415&forum_id=2)#49765555) |
Date: March 23rd, 2026 10:03 PM
Author: ...,.,,.....,,.,...,......,...,....,..
(http://www.autoadmit.com/thread.php?thread_id=5848415&forum_id=2)#49764030) |
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Date: March 23rd, 2026 10:10 PM
Author: ...,.,,.....,,.,...,......,...,....,..
I have a prole co-worker who wants to buy a 2008 BMW with like 160,000 miles. It looks like shit and will undoubtedly have all sorts of expensive maintenance issues, but she wants it because it's a BMW ljl
(http://www.autoadmit.com/thread.php?thread_id=5848415&forum_id=2)#49764044) |
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Date: March 23rd, 2026 10:11 PM
Author: ...,.,,.....,,.,...,......,...,....,..
She is Stupid and probably bought it with her Scumbag boyfriend who promised to help with the payments and then disappeared.
(http://www.autoadmit.com/thread.php?thread_id=5848415&forum_id=2)#49764050) |
Date: March 23rd, 2026 10:11 PM
Author: ..,,....,,.,..,,..,,...,...,,....,...,
How is this possible it's a 25k car
(http://www.autoadmit.com/thread.php?thread_id=5848415&forum_id=2)#49764046) |
Date: March 23rd, 2026 10:39 PM Author: Nude Karlstack (🧐)
After splitting time between Las Vegas and Texas, he settled in Houston in 2023. But he had hourlong work commutes and was driving for DoorDash and Uber for extra income, which quickly raised the gas bill and mileage on his 2016 Chevy Sonic. He is also holding on to a 2015 Chevy Camaro.
Mr. Rhodes has decided to pause his ride-hailing and delivery work and is focusing only on hairstyling.
“I remember being younger, and you could just buy a car outright and keep it rolling,” Mr. Rhodes said. “Now there’s these high payments. It’s just crazy.”
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NYT is just "Daily Mail for Libs" at this point, pretty solidly disguised ragebait. "Why doesn't this fucking NIG-I mean, down on his luck citizen just sell the Camaro?" the lib wondered to zhimzelf.
(http://www.autoadmit.com/thread.php?thread_id=5848415&forum_id=2)#49764109) |
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Date: March 24th, 2026 9:27 AM
Author: .,.,.,.,.,...,.,,.,,.....,.,..,.,,...,.,.,,...,.
two bald irrelevant dorks
(http://www.autoadmit.com/thread.php?thread_id=5848415&forum_id=2)#49764636) |
Date: March 24th, 2026 9:34 AM
Author: ,.,..,.,..,.,.,.,..,.,..,..,.,.,,..,.,,.
My wife and I both drive 2019 model Toyotas that have been paid off for three years while her prole sister leases a new BMW every 3 years and never has money for anything to the point that we have to cover her flight and room when she vacations with us
(http://www.autoadmit.com/thread.php?thread_id=5848415&forum_id=2)#49764649) |
Date: March 24th, 2026 9:35 AM
Author: .,.,.,.,.,.,..,.,.,,.,.,..,>,... ( )
Angelica Akins, 32, works late-night shifts as a certified nursing assistant while raising five children. Early last year, the engine of her 2011 Chevrolet Equinox died. Without enough savings or the credit score that dealerships required, she put off buying a car and temporarily turned to ride-hailing services to get to work.
The rides cost her around $1,000 a month, with her commute taking about two hours round-trip from her apartment in Grand Rapids, Mich., to her job in Saginaw. Ms. Akins picked up extra shifts to keep up with her expenses while saving for a car. But the daily Uber costs added up, and she managed to save only about $2,500 — less than half of what she desired.
“You never know how important things are until you lose them,” she said.
Ms. Akins recently moved back in with her mother, leaving the neighborhood and home she loved to cut back on her $1,400 monthly rent and shorten her commute to 30 minutes, making it easier to share rides in her mother’s car or find cheaper trips.
***
Her: 32. A fucking CNA (like the entry level of nursing). FIVE. CHILDREN.
U: 40. JD. Can't afford a kid yet, maybe in a couple of years.
(http://www.autoadmit.com/thread.php?thread_id=5848415&forum_id=2)#49764653) |
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Date: March 24th, 2026 5:01 PM Author: Richard Ames
I am a car nut and trade in and out of cars with some frequency. Though I am always a cash buyer. If someone is in such dire straits that they need as cheap a car as possible, they aren't looking to buy this car and keep it for a decade. They just need something to keep them functional while they get their act in order.
And even then, there are plenty of Craigslist specials to be had. Here's a cool ass Honda Accord for less than $7k. https://newyork.craigslist.org/wch/cto/d/yonkers-2014-honda-accord/7922966981.html
As another poaster said, you are greatly underrating the reliability of more recent cars. Especially mass market vehicles like the Camry, CR-V, RAV4, etc. And age of the vehicle matters less than miles and maintenance. And these cars are not complicated to maintain.
(http://www.autoadmit.com/thread.php?thread_id=5848415&forum_id=2)#49765977) |
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Date: March 24th, 2026 4:53 PM Author: JJC (retired)
You're using old boomer logic from back when cars were unreliable as fuck and rarely made it past 100k miles, and didn't make it to 50 if you didn't maintain properly.
Cars from the past 15 years all easily hit 200k even with shitty maintenance. Even the shitty ones.
(http://www.autoadmit.com/thread.php?thread_id=5848415&forum_id=2)#49765948)
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Date: March 24th, 2026 4:57 PM Author: Richard Ames
I understand your point. But people's incomes have also risen. And even though incomes haven't kept pace with inflation, there is a gigantic universe of reliable used cars on the market at any time for under $15k.
And they can still be financed for 5+ years at which point the monthly payment could be less than $250.
(http://www.autoadmit.com/thread.php?thread_id=5848415&forum_id=2)#49765963)
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