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Old 08-14-2009, 11:03 AM
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dalakhani dalakhani is offline
Del Mar
 
Join Date: Jun 2006
Location: Washington dc
Posts: 5,277
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Quote:
Originally Posted by geeker2
Is it fair to say the majority of people that drive clunkers can not or could not afford newer cars?

If so, how is it they now can afford to make payments on a new car? Even with a $4500 down payment...

Sounds like the mortgage crisis all over again to me...or am I missing something?
I think you might be missing something. Credit standards aren't exactly loose these days.
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