Bold Tv
@boldtvchannel·3.9K subscribers·1.4K videos
Is This The Best Time To Buy A Car?
Posted
November 23, 2022
Views
21
November 23, 2022
21
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
1:01Now PlayingLooking to buy a new car? I wouldn't. Buying a new car is now pretty much limited to the rich as prices and interest rates have surged, and cheap cars are being discontinued every day. Let's put it this way. If you make less than 50k a year, you probably can't afford anything right now.
And small, affordable sedans are being discontinued and replaced with ultra-luxurious, gas-guzzling SUVs- just what we needed. And if you spring for a new car, never mind a discount, you might pay over sticker price. Yikes. And used cars are, of course, expensive right now as well.
Meanwhile, only people with perfect credit are getting low-interest rates. So if you have bad credit or more or less credit, you're looking at a more than 20% interest rate on used cars and only a hair less for new cars. So, the next time your allegedly successful friend pulls up in a junker, you might offer them a compliment. They are smart for avoiding the car market for now.
Make sure to subscribe to Bold TV, and follow us as we keep you up to date on all the latest news.
Subscribe to BOLD TV
Want to subscribe to our Crypto newsletter? Join here
Are you ready to be BOLD? Check out our favorite articles:
SAY HI ON SOCIAL:
Instagram, Twitter, and Facebook: @boldtv
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
