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A few months ago, I saw a F150 XLT. Went home and pulled up the website. 60k on it. $25,000. I drove by the same used car lot over the weekend, same F150 is still there. $14,000 MAYBE and I'd want a few tanks of gas to go with it. This was also a 2020 F150. My gut told me it was a repo but I never went to look inside the truck.

A few months ago, I saw a F150 XLT. Went home and pulled up the website. 60k on it. $25,000. I drove by the same used car lot over the weekend, same F150 is still there. $14,000 MAYBE and I'd want a few tanks of gas to go with it. This was also a 2020 F150. My gut told me it was a repo but I never went to look inside the truck.
[–] 0 pt

I was writing a comment and trying to math and lost it. Likely bought in 2021, financed for 72 mon, was in week 57 of the debt a total of $14500 left. So the bank pay off is likely somewhere around 10-14k depending on the time he started the loan. Add 1 month for the repo.

But let’s call it “depo’d”. Lots of houses are vacant because we deported shitskins. The truck was at the house or just in the road when the driver was deported.

Houses sit vacant, flood of foreclosed houses. Same thing is happening in the used market, the loan holder just went dark.