And yet, you must own one lest you be considered a pariah most places
Hate this shit
And yet, you must own one lest you be considered a pariah most places
Hate this shit
And to be fair that’s not just a weird social stigma that’s only developed because of classism, it’s a social stigma that developed because you need a car to get anywhere
Sure there's walkable cities but whoa mama rent is expensive....but this totally doesn't say anything about how popular walkability is, and that if Americans could live in walkable areas they would...no way.
Fr. I've had a car for several years now, but I still get angry over how often I was given shit or denied [low-paying] jobs because I would bike or bus to the place a couple miles away. Part of what keeps me angry is probably knowing people with disabilities denied work or how friends of mine have gotten fucked by our shitty bus system, which is still one of the better ones in the US, mind you.
Protectionist policies barring Chinese cars from being imported has to be the main factor
I think it's just more of the rot. Americans couldn't ever really afford cars to the extent that they were used, no society can. And I don't mean this on a moral ground or whatever, just economically it is a terrible, terrible system to uphold and only ever functioned due to absolutely gargantuan subsidies at every point
But, you know, that works for a while if your average consumer gets a nice treat, but it's simply unsustainable
yeah I looked into importing a Chinese EV and it involves paying a tariff of something like 27.5% plus a bunch of other fees
I spend more than 10% of my monthly income just on fucking gasoline
America is hands down the shittiest place on earth to live. First they squeezed everybody out to 2+ hour commutes with unsustainable urban rents; then they raised the price of the cars to make those mandatory commutes; now they're raising the rents on the suburban and exurban shitholes people got forced into. Nowhere to live, no way to get around.
America is hands down the shittiest place on earth to live
correction it is the stupidest place on earth to live
America is hands down the shittiest place on earth to live.
Gaza, right now
ok, fair, shittiest place on earth excluding American proxy open air concentration camps
Shittiest place that isn't imperialized, maybe
America is hands down the shittiest place on earth to live.
Lacks a little perspective
I live in Colombia. I'd rather be the poorest person in Colombia than working a regular job in the States, at least here I could go to a doctor
Will this lead to more transit investment or will it lead to a tax credit that can be used on a low-interest 30-year car loan for entrepreneurs of color in opportunity zones?
Will this lead to more transit investment
Now introducing the 120 month car loan
There actually is more transit investment in the US than there's been in a long time but it's about 5% of what it should be. The other 95% is tax credits.
Also, one of those "transit" investments is that stupid Vegas Tesla tunnel.
More transit investment for less transit results. The consultants are getting paid but nothing is getting built.
Just 10% of new car listings are below $30,000
Okay this does bring up a question I’ve had for a long time: Who the fuck buys new cars? I’ve only known like 1 person in my life who bought her car new and it’s because she was a moron who wanted a fancy new mustang. Even relatively wealthy adults I know buy like 3-5 year old cars.
I’ve always questioned this. It genuinely doesn’t seem like there have ever been enough people buying new cars to keep the supply of used cars going. I don’t understand how this works.
Not to brag, but as an old software developer, I’ve bought new (compact/subcompact) cars for cash, meaning no loan. Now I live car free, but in a city almost no one can afford. There is still a PMC/middle class/labor aristocratic class, though it’s ever-shrinking.
Welcome to the world of car finance, where the tiny guardrails introduced to stop the housing market going Kerplunk again don't even exist, and is therefore awash with subprime loans.
Who the fuck buys new cars?
people who can't afford them
Who the fuck buys new cars?
Companies I'd imagine
That's okay, you can just rent them from us forever. You will own nothing and be happy.
Cars have always all been rental properties in pretty much everything but name.
debt economy
I love these deranged financial rules of thumb developed in a tiny slice of time in america that everyone is supposed to live by.
30% to housing, 10% to cars
These were made in the 70s and 80s I guess? Not only is today so different that these guidelines are fucking stupid, but even in the 70s the world was still recovering from post war boom. Prior to WW2 the economy was completely different! People didn't save, there were widespread recessions, from nance didn't have the stranglehold that it did moving into the 70s and 80s too.
I bet someone looked at their finances in like August 1976 and made up rules that persist to this day and are absolute fantasy
It's not really bad advice just because it's unrealistic advice
My car AC has been broken for like 5 years and they told me it'd betw like 1500 to fix it and "i might as well get a new car" but it's like with what fucking money I can't even afford that 1500
People shouldn’t wonder why I drive an old car.
Not only have cars gotten much more expensive, but the cost to finance the car has gone up dramatically.
A car that should be worth $20k now costs $35k. A few years ago that 20K would have had a 4% interest rate, now it's closer to 8%.
Capitalism = No Transport
I remember like in 2018 reports about the 60 month car loan for American cars that won't last that long
I am convinced cash for clunkers will remain one of the worst impacts on the environment for ages to come. I know its better to change to electric cars but for those that cant. Buying used is the second best option to buying a new low cost ICE car.
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