Property.
Lots and lots of Property
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and most likely lots of “Goodwill”
Toyota has debt of 180 billion. It’s worth 220 billion. Many other companies have even larger spreads. Mainly spec tech.
Debt isn’t inherently bad. Just depends how that cash is used. In most big companies it’s borderline ponzi tho. I wish I leveraged to the gill pre pandemic like my other friends in real estate but that wasn’t my strategy or training in economics. Who’d have thunk…
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There are dealers (and a specific terrible broker of acuras on here) that were claiming Integras should sell at $5k above MSRP
You’d have to pay me 5K to drive an integra.
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Well it’s a blatant rebadge of the civic - nearly identical interior - agree with you
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Seems like used car prices are climbing again. Guess peak insanity is back
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Called the Tax Check Bump
What about when I went to my local GM dealer in December and said I heard prices were coming down and they thought it was funny. We have a fed that has created stagflation, and always has a new excuse as why things cost more
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Fixed that for you.
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Lowest unemployment rate in 50 years is stagflation?
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It is if you’re not keeping up with the cost of living and your savings is going down because cost of living is going up.
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The problem with the Integra isn’t that it’s a reskinned civic. The problem is the civic is a better car. And the competition in the 38k range offers a lot more
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Why? Without knowing more details such a as their income and credit situation, I would never understand why someone would want to buy a 25 year old mass-produced Ford.
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You would have to pay me $289 a month to drive that car
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$289/mo at 84 = $24k+
Over/under she defaults < 6 months. 
@Jrouleau426 Jim, what was your broker fee on that one?? 
I own the buy here pay here dealer in that fleeces the hood. Haha I wish…
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And these buy here pay heres know the default rate will be sky high….thus the high rates….and then they get to sell the car a 2nd time….3rd time….
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