I don't think so. Student loan meltdown is more likely. The used cars still have some resale value. Unemployable liberal arts students ... not so much.
Scott > -----Original Message----- > From: Rick Knoble via Mercedes > > Kyle sez: > > >‎Anyone who can't get 0.something >percent would be better off saving > >some money and paying cash for a $1500 car >and waiting to pay off their > debt. > > The next potential economic meltdown may well start with defaulted sub > prime auto loans. There are a LOT of them, most upside down, I'm sure. > > Rick > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
