My Dad owned a 1935 Ford Coupe when I was born; the car was then 7 years old. It cost $635 brand new. He never, ever, bought a car, all during their marriage, all during his lifetime, on "time-pay".
Looking at used-car ads today (I am in the market), I see full-page layouts of pictured vehicles offered for sale, but instead of ASKING PRICES, they post "as low as" monthly payments! No price shown! The stupidity exhibited by the buying public in responding to such advertising is amazing. Yet, they all do it. Price? All they care about is the monthly payment. So profoundly ingrained has credit buying become.
Is this a relatively local phenomenon? Seen it in your neck of the woods? Approve of the selling tactics? I do not. imp
Edit: When I clicked "submit", I immediately got "webpage expired". When I then went to re-open Senior Forum to find out whether my post had "taken", it displayed that I was still logged-in. Lo and behold, it was here. Matrix?
Looking at used-car ads today (I am in the market), I see full-page layouts of pictured vehicles offered for sale, but instead of ASKING PRICES, they post "as low as" monthly payments! No price shown! The stupidity exhibited by the buying public in responding to such advertising is amazing. Yet, they all do it. Price? All they care about is the monthly payment. So profoundly ingrained has credit buying become.
Is this a relatively local phenomenon? Seen it in your neck of the woods? Approve of the selling tactics? I do not. imp
Edit: When I clicked "submit", I immediately got "webpage expired". When I then went to re-open Senior Forum to find out whether my post had "taken", it displayed that I was still logged-in. Lo and behold, it was here. Matrix?