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Old 02-24-2021, 06:22 AM
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Can't get your links to work
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Old 02-24-2021, 09:20 AM
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Looking at all of the responses posted here as much I hate to say this regarding gas and all of the other LIberal mindset BS, the old sock puppet is here for four years. No one liked what we endured with obama but we got through it. So I am going to just live my life, buy a little less gas for the boat and be entertained by all of this Lib stupidity. This too shall pass.
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Old 02-24-2021, 12:43 PM
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Originally Posted by KCHOTBOAT
I remember lot's of people buying Baja's at Big Thunder with balloon loans.
I've pretty much stayed away from this thread, especially since it was bound to turn political. But this jogged my memory of days old. Made me think of all the Formula finance offers in the late 90s early 2000s that had a few years of ultra low interest rates, then they ballooned up to 9%+ for the remainder of the 20 year mortgage on a boat! I knew a few people that were sent scrambling when the introductory interest rates expired. And more scrambling when the bottom fell out in 2008 and Formula got caught holding the bag when boats got repo'd as people walked away from the loans.
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Old 02-24-2021, 12:50 PM
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Originally Posted by Mentalpause
I've pretty much stayed away from this thread, especially since it was bound to turn political. But this jogged my memory of days old. Made me think of all the Formula finance offers in the late 90s early 2000s that had a few years of ultra low interest rates, then they ballooned up to 9%+ for the remainder of the 20 year mortgage on a boat! I knew a few people that were sent scrambling when the introductory interest rates expired. And more scrambling when the bottom fell out in 2008 and Formula got caught holding the bag when boats got repo'd as people walked away from the loans.
If I recall correctly, Formula used the ultra low interest rate for the first few years of loans as an equity builder for the purchaser. The initial rate was low, but the payment was the same and more $$ just went to the principal.
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Old 02-24-2021, 02:21 PM
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Originally Posted by Griff
If I recall correctly, Formula used the ultra low interest rate for the first few years of loans as an equity builder for the purchaser. The initial rate was low, but the payment was the same and more $$ just went to the principal.
I've forgotten the details, but that sounds right. Had a friend with a 2001 353 on that plan that tried to sell when the bottom dropped out in 2008. His issue was his loan balance was more than he could get for the boat. He finally traded. Others bought thinking they would turn the boat after a couple years when more of the payment was going to interest. Worked for some, not so much for others that paid next to nothing as a down payment.
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Old 02-24-2021, 03:27 PM
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Nobody talks about how bad the environment is damaged by harvesting the lithium and when the battery is no good anymore it's toxic waste. Were is it going to be disposed of ? The green deal is a giant scam!!
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Old 02-24-2021, 09:12 PM
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Originally Posted by outlw36
Nobody talks about how bad the environment is damaged by harvesting the lithium and when the battery is no good anymore it's toxic waste. Were is it going to be disposed of ? The green deal is a giant scam!!

If Biden and congress really cared about the green new deal he would tie tariffs, funding and imports to emissions and CO2 "goals" for China and Russia. The US only contributes roughly 10-15% while China and Russia 75%.

Read a great article yesterday that several manufacturers like Porsche and others are working on a fuel that can be used in internal combustion engines that will make EXISTING vehicles have zero impact on the environment and rendering electric cars basically useless since their impact with battery manufacture and disposal more impactful.

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Old 02-25-2021, 08:51 AM
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I've yet to see any biohazard waste containers ANYWHERE for all these filthy Covid saturated masks either. So so so contagious! Maybe with the higher fuel prices stations will provide biohazard containers.. Not.

Last edited by getrdunn; 02-25-2021 at 12:02 PM.
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Old 02-25-2021, 10:21 AM
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Originally Posted by KCHOTBOAT
Griff you and I go back 20 years or more. I respect your views. if you look the vaccine came it from a Germany from a husband and wife team. Which had nothing to do with trump. So he can't take credit. Fuel prices are going up do to the ice and snow storm in the south.. I do agree with every one else they will increase due to Biden.

On the home ownership we had a different issue. That was mortgage companies giving out worthless loans. No different than the 90's you had a job and you could buy a boat you could not afford. Remember CIT and all the Baja loans., I remember lot's of people buying Baja's at Big Thunder with balloon loans.
Fuel prices are NOT going up due to the Texas situation. Oil has been on the rise since the election. Texas was a blip in a much larger inflationary move in Oil and many commodities. Texas is a tiny oil producer in world wide terms.
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Old 02-25-2021, 08:29 PM
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2.69 for 87 on the road here today. Goes up a couple cents every day or 2 now.
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