Ford expects buyers to accept longer loan terms
The most common terms for auto loans are 24, 36, 48, 60, 78, and 84 months. The idea is that the longer the term of the loan, the lower your monthly payments, but the more money you end up paying over the life of the loan.
If I do have to get a car payment and I have I just don’t care how many years it’s financed for if I get a great interest rate. Cars cost to much to finance for 4 years now most folks probably need 7 or 8 years. Times are changing because the cost of stuff is out running people’s paychecks. This doesn’t happen much but I disagree with Clark Howard he’s all about 4 years. Ole southern like keeping them bills down monthly baby 😂
It's a total mess. Car and truck market never fully recovered since Covid. Things are going to get worse. Chevy is recalling some 750000 vehicles due to possibility of complete engine failure. They're about to repair or replace engines for every single one of them. In the end the consumers pay for it. They'll just raise the price next year. They're also having troubles with the 6 cylinder truck engines. They are seizing due to tolerance issues on the main bearings and rods.
@jimmy-v I’m a diehard FORD man brother and always have been. It’s going to get better very soon folks just need to hang in there.
@jimmy-v I’m a diehard FORD man brother and always have been. It’s going to get better very soon folks just need to hang in there.
No, it's not going to get better soon. It's going to get worse.
For starters, I'm not going to run out and buy a new truck for 60k. And I'm sure many others feel the same way i do. The base models start around 38k and that's a 4 cylinder. A piece of junk. If I'm buying a truck it's going to be 4WD, V8.
I won't get into the quality issues or the current prices..
I'm sorry, but things are not getting better very soon.
@jimmy-v it’s already better in Temple, Ga. You need to move to Georgia snake we living the good life down here. 😁🇺🇸🍺
@jimmy-v it’s already better in Temple, Ga. You need to move to Georgia snake we living the good life down here. 😁🇺🇸🍺
Why? Because gas are cheaper there?
@jimmy-v you don’t sound happy snake just saying you might need a change of scenery baby 😂
I'm happy, summer is here. I'll have a change in scenery at the end of summer when I go on vacation. Otherwise, I'm just saying. Gas prices are higher here. Maybe someday they will go down. It kind of sucks when you drive 600 miles per week. It adds up quick.
@jimmy-v you don’t sound happy snake just saying you might need a change of scenery baby 😂
I'm happy, summer is here. I'll have a change in scenery at the end of summer when I go on vacation. Otherwise, I'm just saying. Gas prices are higher here. Maybe someday they will go down. It kind of sucks when you drive 600 miles per week. It adds up quick.
LMAO !!!
@jimmy-v trust Ole southern snake, help is here and gas prices are dropping. I use to drive 550 miles a week but for the last 13 years I’m only driving 180 miles a week so I know what you’re talking about. Gas don’t hurt me it’s folks like you is why gas being high bothers me when it doesn’t have to be that way.
My car insurance just got cut in half same coverage baby 😁🍺💰
Man I was paying 3600 2 years ago with nationwide then I changed over to Geico for a year at 2400 and last Thursday I called progressive and changed over for 1293 a year same dang coverage. I do the 50/100k because 25k won’t fix a pinto today lol these crooks been tearing ole southern a new asshole baby thank you Clark Howard is all I got to say 😁 am I the only one taking it on the chin with car insurance? 81? You live in Georgia Clark Howard said change insurance companies or at least check. It’s my fault though for not checking
Man I was paying 3600 2 years ago with nationwide then I changed over to Geico for a year at 2400 and last Thursday I called progressive and changed over for 1293 a year same dang coverage. I do the 50/100k because 25k won’t fix a pinto today lol these crooks been tearing ole southern a new asshole baby thank you Clark Howard is all I got to say 😁 am I the only one taking it on the chin with car insurance? 81? You live in Georgia Clark Howard said change insurance companies or at least check. It’s my fault though for not checking
I dumped Nationwide and went with Geico. Nationwide kept raising my rates. When you inquire all they tell you is "Your rates are higher for your location" . I got sick and tired of it and dumped them. I went with Geico. I have a clean driving record.
Let me prewarn you though. Geico is very conservative when it comes to collision repair. They like using aftermarket parts, used parts from junkyard and that includes newer vehicles. I went through it when a deer hit my car. I had to fight with them to get OEM parts.
@jimmy-v i gotta perfect driving record as well. Progressive is half the price Geico for me but my son switched from progressive to geico and his shit got cut in half. Clark Howard said change insurance companies regularly or at least check.
I'm going to be in NC tomorrow after driving from Oregon... was certainly nice to see those gas prices keep dropping the further east and south I got! 🙂@jimmy-v i gotta perfect driving record as well. Progressive is half the price Geico for me but my son switched from progressive to geico and his shit got cut in half. Clark Howard said change insurance companies regularly or at least check.
@roaminglion safe travels Roam glad have you over this way.
