Leasehackr Meme Lounge (Part 1)

i saw a new gts for 5k under msrp on wcc good luck

That one has more miles than a 1994 camry. 12k miles vs mine at 204! I’m surprised that these don’t depreciate all that much.

It’s not used, it’s road tested.

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i said new bozo

Link? You definitely saw mine in WCC 2.0

Please buy it…

im kidding
wanted to give you a heart attack

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angry how dare you GIF

the worse thing is that I get “good” price but no buyers.

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Animated GIF

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“Whatever ZIP code has the best incentives”

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from Imgflip Meme Generator

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Itz one SPICY MEAT BALLLAAA!

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LH house of cards :black_joker:

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this is good work

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we’re at the point in the big short when everything is falling apart but the banks aren’t pricing the swaps correctly. Prices are still elevated but there are significantly less buyers, just nobody wants to drop prices

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In the car world, we’re definitely seeing the classical “lack of liquidity” Prices haven’t dropped enough. But rates are also insanity too.

Wrong pic, but I need 4 squares

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I think it would be better in this format:

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I’ve seen many compare the auto market to the housing market and I think it’s wrong.

Auto market is significantly smaller then housing 10>1.
Yields (profits) of banks on these is high especially with high interest rates.
I haven’t seen the criminal underwriting behavior that existed in the housing market happen in auto.
Auto loans are not traded in packages on the market which in housing significantly overvalued the underlying assets.

All this makes me think we are unlikely to see a bubble burst like housing, worst that happens is repo’s go up and banks take a hit to their profits.