05-03-2010 08:55 AM
If you're constantly broke and can't figure out why, the answer may be sitting in your driveway.
Americans are spending more on their vehicles than ever before -- about $8,600 a year on average -- and it's driving some to the breaking point.
05-03-2010 10:24 AM
beamMEup wrote:
If you're constantly broke and can't figure out why, the answer may be sitting in your driveway.
Americans are spending more on their vehicles than ever before -- about $8,600 a year on average -- and it's driving some to the breaking point.
I totally agree with this article. I have seen many friends and family members fall into this trap. I was never one to buy a new car every 3-4 years. I still drive my 26 year old pick up that I maintain and keep in excellent condition. In addition, I have had my hot rod for 28 years. I think what keeps me out of this kind of trouble is that I have always hated debt.
05-03-2010 05:42 PM
I had to stop reading. I saw too much of myself in that article. ![]()
But I've gotten much better in the last few years. I still have my '97 Chevy truck I bought new.
From a BK years ago to:
9/09 EX pulled by lender 802
3/10 EQ- 800
4/10 TU -772
You can do the same thing with hard work
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05-03-2010 06:58 PM - edited 05-03-2010 07:02 PM
marinevietvet wrote:I had to stop reading. I saw too much of myself in that article.
But I've gotten much better in the last few years. I still have my '97 Chevy truck I bought new.
From a BK years ago to:
9/09 EX pulled by lender 802
3/10 EQ- 800
4/10 TU -772
You can do the same thing with hard work
Credit Scoring 101
Common Abbreviations
Frequently Requested Threads
Credit Problems Which Is Worse?
Whats In Your FICO Score
MV,
Good for you, you have seen the light. As I said before, I still drive and love my '84 Chevy PU that I bought new.
05-03-2010 07:06 PM
beamMEup wrote:
If you're constantly broke and can't figure out why, the answer may be sitting in your driveway.
Americans are spending more on their vehicles than ever before -- about $8,600 a year on average -- and it's driving some to the breaking point.
This is exactly why a 2000 Camry is in my carport right now.
05-03-2010 07:37 PM
MattH wrote: This is exactly why a 2000 Camry is in my carport right now.It would be good buddies with my 2000 Sienna. (Paid with cash right after I sold my 95 Camry with 250,000 miles on it).
Incidentally, the KBB value on my 2000 Sienna is higher than when I bought it in October
05-03-2010 09:37 PM
MattH wrote:This is exactly why a 2000 Camry is in my carport right now.
A 2000 model? Goodness Matt you are living large aren't you? ![]()
06-06-2010 01:18 PM
I needed this and of course it's me ![]()

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