tag:blogger.com,1999:blog-26981669.post4992428087014961041..comments2024-03-23T10:55:30.196-05:00Comments on Cold Fusion Guy: From “56 for ’56“ in "36" to .... "97"Jim Peethttp://www.blogger.com/profile/07649414726939918803noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-26981669.post-3974922073488796032013-04-10T16:14:04.146-05:002013-04-10T16:14:04.146-05:00My son, bought absolutely the cheapest car he coul...My son, bought absolutely the cheapest car he could find and used it for about a year and a half while he finished college. He bought it for under $ 500 (it was a Toyota something) ... used it for that period and sold it for $ 375. <br /><br />Then he bought a 20 year old Toyota which is his daily driver. (for cash) Jim Peethttps://www.blogger.com/profile/07649414726939918803noreply@blogger.comtag:blogger.com,1999:blog-26981669.post-33690192457094066652013-04-09T15:13:57.923-05:002013-04-09T15:13:57.923-05:00Insanity. 22% on a car loan? Having "stuff&qu...Insanity. 22% on a car loan? Having "stuff" sure can be enslaving. tobinnoreply@blogger.comtag:blogger.com,1999:blog-26981669.post-28516379225226254892013-04-09T14:26:04.925-05:002013-04-09T14:26:04.925-05:00High risk loans on depreciating collateral...what ...High risk loans on depreciating collateral...what could possibly go wrong? <br /><br />I vividly remember a friend of mine noting that they'd refinanced their car. I thought they were flat out insane to do so....and now we're pushing eight year loans at over 20% on unsuspecting victims. <br /><br />(Mr. Miller's loan was for four years on a five year old car....he got flat out robbed, so the lender and the dealer deserve whatever the bankruptcy court dishes out to them)Bike Bubbahttps://www.blogger.com/profile/08193546045614393425noreply@blogger.comtag:blogger.com,1999:blog-26981669.post-41207904395914877932013-04-09T12:19:13.943-05:002013-04-09T12:19:13.943-05:00Interesting companion article: Special Report: How...Interesting companion article: <a href="http://finance.yahoo.com/news/special-report-fed-fueled-explosion-subprime-auto-loans-110501752.html" rel="nofollow">Special Report: How the Fed Fueled an Explosion in Subprime Auto Loans</a>Jim Peethttps://www.blogger.com/profile/07649414726939918803noreply@blogger.com