Fuel Economy, Hypermiling, EcoModding News and Forum - EcoModder.com - View Single Post - Record number of car buyers underwater on their trades; loan lengths increasing

Xist · 09-19-2017, 04:55 PM

I am not a big fan of creating new laws, but maybe they should not be able to finance for longer than the warranty lasts. Can you imagine still owing money on a car that does not run?

09-19-2017, 04:55 PM	#40 (permalink)
Xist Not Doug Join Date: Jun 2012 Location: Show Low, AZ Posts: 12,230 Chorizo - '00 Honda Civic HX, baby! :D 90 day: 35.35 mpg (US) Mid-Life Crisis Fighter - '99 Honda Accord LX 90 day: 34.2 mpg (US) Gramps - '04 Toyota Camry LE 90 day: 35.39 mpg (US) Don't hit me bro - '05 Toyota Camry LE 90 day: 30.49 mpg (US) Thanks: 7,254 Thanked 2,229 Times in 1,719 Posts	I am not a big fan of creating new laws, but maybe they should not be able to finance for longer than the warranty lasts. Can you imagine still owing money on a car that does not run?