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03-13-2019, 01:10 PM | #19 |
Drives: 05 Echo Join Date: Jul 2009
Location: Waterford Ontario
Posts: 131
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03-13-2019, 02:23 PM | #20 |
Banned
Drives: 2015 Yaris LE 3door 1F7 Join Date: Feb 2017
Location: Massachusetts
Posts: 963
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03-13-2019, 02:50 PM | #21 |
Drives: '08 2zr swapped Vios M/T Join Date: Oct 2012
Location: Caledonia Ont.
Posts: 2,938
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In business ventures often times money needs to be spent that in order to make money and you run at a loss for the first while.
For individual banking generally not living outside your means is a good choice for sustainable living. This is especially important when buying a depreciating asset like a car
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No one ever wants to give a Yaris the point by... |
03-13-2019, 04:46 PM | #22 |
3 Yaris and counting..
Drives: 07 Yaris rs 3 door 2zr swaped Join Date: Feb 2016
Location: Toronto Canada
Posts: 672
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Enter the yaris...
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No one suspects the Yaris. Xd/2zr-fe Swap/Build Thread http://www.yarisworld.com/forums/showthread.php?t=61427 Bolt-in 3.75" Suspension Lift Build Thread http://www.yarisworld.com/forums/showthread.php?t=61577 |
03-13-2019, 05:41 PM | #23 |
Drives: 05 Echo Join Date: Jul 2009
Location: Waterford Ontario
Posts: 131
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That's fiscal policy, not a rule of economics.
Regardless, spending money you don't have, long term, on consumer debt is not a winning strategy no matter how you look at it |
03-13-2019, 05:47 PM | #24 |
Drives: '22 Mazda CX-30 CE AWD 6-AT Join Date: Feb 2019
Location: American Dystopia
Posts: 158
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A social & economic crash is coming, & it will make 2008 look like Disneyland.
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2015 Toyota Yaris SE Hatchback, Super-White, 5-Speed Manual (August 2015 to August 2019) 2020 Toyota Corolla SE Sedan, Super-White, 6-Speed Manual (August 2019 to February 2022) 2022 Mazda CX-30 AWD Carbon Edition (CE), 6 Speed Automatic (February 2022 to ???) |
03-13-2019, 06:50 PM | #25 |
Drives: 2009 Base Hatch 2 Dr Auto Join Date: Dec 2008
Location: nj
Posts: 4,790
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Imagine if people making unwise auto loans through the economy into recession...
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Synthetic Oil: Its All In Your Head |
03-13-2019, 07:12 PM | #26 |
Drives: '08 2zr swapped Vios M/T Join Date: Oct 2012
Location: Caledonia Ont.
Posts: 2,938
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Correct and agreed
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No one ever wants to give a Yaris the point by... |
03-14-2019, 08:19 AM | #27 | |
Drives: 05 Echo Join Date: Jul 2009
Location: Waterford Ontario
Posts: 131
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Quote:
And you could be wrong. Even the 'experts' can't predict it accurately and nobody saw the 08 crash coming. We all think we'll be smarter this time around, but we always think that, and we're always wrong |
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03-14-2019, 09:02 AM | #28 |
Banned
Drives: 2015 Yaris LE 3door 1F7 Join Date: Feb 2017
Location: Massachusetts
Posts: 963
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03-14-2019, 09:13 AM | #29 |
3 Yaris and counting..
Drives: 07 Yaris rs 3 door 2zr swaped Join Date: Feb 2016
Location: Toronto Canada
Posts: 672
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We're kinda lucky in Canada about that. Ontario anyway. The only times I hear of people getting fines for vehicle modifications is the guys with massive jacked diesel trucks with the dpf system removed. I've never heard of anyone getting a fine for too much power or having their car too low.
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No one suspects the Yaris. Xd/2zr-fe Swap/Build Thread http://www.yarisworld.com/forums/showthread.php?t=61427 Bolt-in 3.75" Suspension Lift Build Thread http://www.yarisworld.com/forums/showthread.php?t=61577 |
03-14-2019, 09:17 AM | #30 | |
Banned
Drives: 2015 Yaris LE 3door 1F7 Join Date: Feb 2017
Location: Massachusetts
Posts: 963
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Quote:
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03-14-2019, 09:58 AM | #31 |
3 Yaris and counting..
Drives: 07 Yaris rs 3 door 2zr swaped Join Date: Feb 2016
Location: Toronto Canada
Posts: 672
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We just got rid of emissions testing. April 1st it's done!
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No one suspects the Yaris. Xd/2zr-fe Swap/Build Thread http://www.yarisworld.com/forums/showthread.php?t=61427 Bolt-in 3.75" Suspension Lift Build Thread http://www.yarisworld.com/forums/showthread.php?t=61577 |
03-14-2019, 02:08 PM | #32 |
Drives: 08 Yaris sedan auto / Fit auto Join Date: Oct 2009
Location: northeast
Posts: 2,897
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I remember when people were trying to get out of their large vehicles after Katrina + Rita . Used market flooded and book values plummeted with large SUVs' , etc.. Some even claimed their large vehicle stolen or set them on fire . Just a matter of time for the same scene with high gas prices . Also crazy how many are financing up to 7 or is it 8 years . Talk about being upside down at the end of the loan and get slammed on next loan . Amazing how short memories are . 3 crises due to high fuel cost and likely be others . Time to WAKE UP !
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03-14-2019, 03:08 PM | #33 |
Banned
Drives: 2015 Yaris LE 3door 1F7 Join Date: Feb 2017
Location: Massachusetts
Posts: 963
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03-14-2019, 03:25 PM | #34 |
Drives: '22 Mazda CX-30 CE AWD 6-AT Join Date: Feb 2019
Location: American Dystopia
Posts: 158
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Most people seem to need a $30-50K new vehicle in order to fit their ego comfortably - and are willing to drown in debt & interest-charges for that ego comfort. Same with their credit cards likely. I personally prefer to be 100% debt free & not paying interest charges to anyone, outside of a reasonable, modest house mortgage perhaps (or auto loan less than $15K over 36-48 months maximum). Better yet, get 1.5 to 5% cash back on your credit cards each month by charging everything possible that you normally would purchase each month & paying it all off each monthly statement cycle.
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2015 Toyota Yaris SE Hatchback, Super-White, 5-Speed Manual (August 2015 to August 2019) 2020 Toyota Corolla SE Sedan, Super-White, 6-Speed Manual (August 2019 to February 2022) 2022 Mazda CX-30 AWD Carbon Edition (CE), 6 Speed Automatic (February 2022 to ???) Last edited by KALISPEL II; 03-14-2019 at 03:40 PM. |
03-14-2019, 09:21 PM | #35 |
Drives: 2009 5-Door Liftback Join Date: Jun 2011
Location: Columbus, OH
Posts: 333
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Yes, that's exactly what I do with my credit cards. I charge as much as I can, get cash back, and I never carry a balance. Also, doing that establishes a good credit history. That's good for getting a great rate on a mortgage or other loans.
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03-14-2019, 10:32 PM | #36 |
It's the illusion you see
Drives: 07 Yaris Sedan Aero Join Date: Oct 2006
Location: Brossard, QC
Posts: 3,888
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I'm in a situation right now where I need a bigger vehicle (35-45k) for the growing family, which I can't afford.
I'm a year or so to finish paying for my 2010 Mazda 5, and I also spent a fuckton on repairs. It's a huge debate for me now to get another used car vs spending more on a new car. Sent from my CLT-L04 using Tapatalk |
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