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It's a Whole New World | 2020 Shelby GT500 | Meanest Snake Yet | How Fast Is It?
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<blockquote data-quote="SnakeBoostE85" data-source="post: 16101661" data-attributes="member: 160175"><p>I do know what I am talking about. I am well aware of the subprime loans and yes that was the ultimate root of the problem, but what fueled it was pure stupidity by the average person over-paying, getting into bidding wars, and ultimately buying homes (and cars) they couldn't afford to pay off in the first place. I would definitely agree that these 84+ month loans you can get on cars now artificially fuel the inflationary pricing of cars. I personally don't even by a car unless I know it can be paid for in cash or within 2-3 years. </p><p></p><p>I just can't imagine anyone paying ADM or even MSRP that is just pure insanity.... Its a free country, and free market though, and with all the good, comes the bad which is businesses and corporations taking advantage of stupid consumers.</p></blockquote><p></p>
[QUOTE="SnakeBoostE85, post: 16101661, member: 160175"] I do know what I am talking about. I am well aware of the subprime loans and yes that was the ultimate root of the problem, but what fueled it was pure stupidity by the average person over-paying, getting into bidding wars, and ultimately buying homes (and cars) they couldn't afford to pay off in the first place. I would definitely agree that these 84+ month loans you can get on cars now artificially fuel the inflationary pricing of cars. I personally don't even by a car unless I know it can be paid for in cash or within 2-3 years. I just can't imagine anyone paying ADM or even MSRP that is just pure insanity.... Its a free country, and free market though, and with all the good, comes the bad which is businesses and corporations taking advantage of stupid consumers. [/QUOTE]
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