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NetWorth
Michael Bordenaro
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Comments by "NetWorth" (@networth00) on "People Have STOPPED BUYING CARS!" video.
YES... but they won't. Americans will spend every last time of cash and credit until they're flat broke, then they'll blame "the rich" or the government or anyone but themselves.
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In 2020 my trans went out in my 2011 Chevy truck (rebuilt one was $4400 and new one was $4800 so I went with new transmission), then in 2022 they told me the motor was about to blow. (I'm 50yo and drive very slow) The 2011 Chevy Silverado only had 150k miles. I HAD to buy a vehicle so I bought a 2022 Ford F150 and they UPCHARGED me $3500 just because, and my warranty was $5000. I was so mad. Now 2.5 years later I only have 24k miles and plan on keeping this truck for 10-20 years if it lasts that long. I put down 18k and financed 52k, my note is $843 with a 4% rate. I have been paying ahead and now owe $11k. Can't wait to get it paid off. It's only my 2nd new car of my life and will be my last... hopefully.
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