FOB Kicks
2.5K posts

FOB Kicks
@FOBKicks
i don't really bot anymore, i just fly around now.
شامل ہوئے Mart 2020
160 فالونگ878 فالوورز

@publermius I was having dimsum and forgot and got caught up thankfully.
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Selling my supposed to be personal. Still all DS.
docs.google.com/spreadsheets/d…
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How cool would it be to own your own aircraft? I found this on marketplace earlier and made me think that flying is the ultimate freedom. All the bs, politics, world issues… none of that matters when flying above it. That even goes flying commercially. I’ve always wanted to learn how to fly. And I think that may be my next goal is looking into a private pilots license.

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@KevOnStage When Brian had 16 gears on his eclipse and then spun out for no reason. Floorboard flinging out, 1/4 mile lasting 2 minutes.
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@GuyDealership One thing I learned, a lot of people in the US don’t know anything about cars. As simple as what an oil does to an engine let alone how to maintain a turbo. Hence used cars are unreliable and the cycle continues when a new owner takes over.
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What's up with car repossessions?
Let me tell you what we're seeing...
Budget-constrained consumers have had no choice but to purchase "older" cars over the past couple of years.
Record-high car prices combined with the overall lack of inventory have led everyday shoppers to make questionable purchases.
But we're now seeing something interesting develop:
A big uptick of shoppers that are coming in with recent repossessions on their credit history.
When we ask them "what happened?", they tell us that they purchased an "old" car and it broke down, leaving them with a repair bill they couldn't afford.
And guess what happens when people can't afford to repair their car?
You guessed it... They stop making their car payments.
Well, here's the bottom line:
The average age of a used car on the road keeps increasing due to the inventory shortage.
And the majority of America cannot afford a $25K used car, let alone a $48K new car.
The result?
The supply of inexpensive used cars continues to dwindle.
We have 25% fewer used cars on the road vs 2019 — 2.2M vs 2.9M.
This is leaving many budget-constrained consumers with no choice but to purchase older cars that are much more susceptible to mechanical breakdowns.
And — unsurprisingly — it's now becoming clear that selling older cars results in a higher rate of repossessions.
Bookmark this tweet.
We're going to see a lot more of this over the next 12 months.
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