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95
Blue
2025 Nov 14, 12:21pm
Eric Holder says
Try adding premium package and options could make it almost double!
I started with mid 30s base and left with 64 🤡
That includes one year insurance and below 5 APR.
MolotovCocktail says
A sign that $50k 'low end' new cars are going to become a historical footnote.
They never existed. The low end NOW is about $20-23K (Nissan Versa, Kia Forte, Toyota Corolla, Honda Civic etc). Altima is $27K (and it's huge and loaded better than 2010 Rolls-Royce). Whatever is costing $50K now is not "low end". Not even low end EV.
Try adding premium package and options could make it almost double!
I started with mid 30s base and left with 64 🤡
That includes one year insurance and below 5 APR.
96
Eric_Holder
2025 Nov 14, 12:26pm
Eric_Holder
2025 Nov 14, 12:26pm
Blue says
Well, try not to.
Eric Holder says
MolotovCocktail says
A sign that $50k 'low end' new cars are going to become a historical footnote.
They never existed. The low end NOW is about $20-23K (Nissan Versa, Kia Forte, Toyota Corolla, Honda Civic etc). Altima is $27K (and it's huge and loaded better than 2010 Rolls-Royce). Whatever is costing $50K now is not "low end". Not even low end EV.
Try adding premium package and options could make it almost double!
Well, try not to.
98
HeadSet
2025 Nov 26, 8:23am
HeadSet
2025 Nov 26, 8:23am
zzyzzx says
Everyone is focusing on the wrong problem. A fifty-year mortgage can be paid off by adding extra principle or when a sale is made. The REAL problem with a 50-year mortgage is an amplification the same issue with a 30 year mortgage - the lower monthly payment prevents house prices from declining to true affordable levels.
A sensible goal in a society that values freedom would be to encourage paid off homes.
Everyone is focusing on the wrong problem. A fifty-year mortgage can be paid off by adding extra principle or when a sale is made. The REAL problem with a 50-year mortgage is an amplification the same issue with a 30 year mortgage - the lower monthly payment prevents house prices from declining to true affordable levels.
A sensible goal in a society that values freedom would be to encourage paid off homes.
99
Patrick
2025 Nov 26, 11:01am
Patrick
2025 Nov 26, 11:01am
Exactly.
Just adding more debt just keeps prices too high.
And lower prices are what we need, even if pisses off the boomers and the banks.
Just adding more debt just keeps prices too high.
And lower prices are what we need, even if pisses off the boomers and the banks.
100
HeadSet
2025 Nov 27, 6:11am
HeadSet
2025 Nov 27, 6:11am
Patrick says
Not all boomers like the high prices. Inflated values means higher assessment which means higher taxes. Some boomers also would like to see their kids able to afford homes. Another issue is when one wants to downsize. My neighbor two doors down are now empty nesters and want to sell and move to a smaller house. Problem is, the smaller houses are also inflated and the high prices means higher realtor commissions. My neighbors decided to stay put for now as moving would not save any costs.
And lower prices are what we need, even if pisses off the boomers
Not all boomers like the high prices. Inflated values means higher assessment which means higher taxes. Some boomers also would like to see their kids able to afford homes. Another issue is when one wants to downsize. My neighbor two doors down are now empty nesters and want to sell and move to a smaller house. Problem is, the smaller houses are also inflated and the high prices means higher realtor commissions. My neighbors decided to stay put for now as moving would not save any costs.
101
WookieMan
2025 Nov 27, 1:10pm
WookieMan
2025 Nov 27, 1:10pm
HeadSet says
Not in IL. Our taxes are high, but they generally don't increase annually at all based on other home sales. It's based on your purchase price and then on government increases that are legally capped here without a vote on it . At least the county I'm in. Sold already but in 12 years our taxes went up $300/yr. Basically nothing. Not sure how it works elsewhere.
Inflated values means higher assessment which means higher taxes.
Not in IL. Our taxes are high, but they generally don't increase annually at all based on other home sales. It's based on your purchase price and then on government increases that are legally capped here without a vote on it . At least the county I'm in. Sold already but in 12 years our taxes went up $300/yr. Basically nothing. Not sure how it works elsewhere.
102
Maga_Chaos_Monkey
2025 Nov 27, 1:44pm
Maga_Chaos_Monkey
2025 Nov 27, 1:44pm
WookieMan says
Just don't sign a loan with pre-payment penalties. Or, manage your life so you qualify for no interest loans., i.e., great income and great credit.
Can't do that with cars as far as I'm aware of unless loans have changed.
Just don't sign a loan with pre-payment penalties. Or, manage your life so you qualify for no interest loans., i.e., great income and great credit.
« First « Previous Comments 89 - 102 of 102 Search these comments
In a bold new proposal aimed at helping Americans achieve the dream of paying for, but never owning a home, President Donald Trump unveiled the 50-Year Mortgage Plan, which economists have already described as “a thrilling new era of generational debt bondage.”
“Why should you selfishly hog all your mortgage payments by paying them off before you die?” Trump said proudly, introducing the policy from a podium decorated with the slogan MAKE HOME OWNERSHIP A MULTI-GENERATIONAL JOURNEY. “Your children, your grandchildren, they deserve the experience too.”
Bankers and realtors celebrated the plan, calling it “a beautiful step toward sustainable, lifelong profit streams for the industry and a real game changer.” One Wells Fargo representative wiped a tear from his eye, whispering, “Finally… we’ve achieved immortality.”
Thank you for your attention to this matter.