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Old 10-26-2011, 01:47 PM   #25 (permalink)
jamesqf
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Quote:
Originally Posted by SimonSellsAustin View Post
Financing can hold people back on buying used cars ( vehicles older than 5yrs or 100k are harder to finance).
That was my point: if you have to finance a car, you probably can't afford it. Which is a big part of why so many people in this country are in such financial hot water: they bought more than they could afford, financed the purchases, and never thought about how they'd pay them off if their income took a dive.
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