![]() 10/12/2019 at 19:46 • Filed to: None | ![]() | ![]() |
!!! UNKNOWN CONTENT TYPE !!!
![]() 10/12/2019 at 19:59 |
|
No.
![]() 10/12/2019 at 20:20 |
|
at the end of the day, if you are stupid enough to spend more than you can truly afford...it is what it is.
![]() 10/12/2019 at 20:27 |
|
Yeah I posted that same article a little bit ago, I couldn’t believe the write up. Super irresponsible. At least talk about the pitfalls and the protections one should have in place when signing up for a loan like that. And a versa?! Really?....
![]() 10/12/2019 at 21:59 |
|
Consider that auto loan interest rates in the 80s were around 12-14%.
![]() 10/12/2019 at 22:56 |
|
And yet, here I’m am trying to justify spending $5
,000 on a used Honda CR-V.
![]() 10/13/2019 at 01:07 |
|
Well that was a very gimicky article. When I see a young person like myself with a brand new plastic-fantastic hyundai, kia, or similar car, im not in the least bit impressed. Instead I know that theyre scraping by every month and thinking they’re “balling out”. The amount of money they pay in interest alone over 60-84 months could buy 1 or multiple reasonable used cars, and all the maintenance they would need for several years. Theyre also nowhere near as nice to drive or look at as my 20 year old Lexus’.
Tl;dr Young people are stupid and the longer the loan, the dumber.
![]() 10/13/2019 at 06:42 |
|
Quote from the end of the article: It’s a good deal if you want to feel good about yourself by driving a new car.
Sounds like someone’s trying to justify a poor financial decision by saying “it feels good.” So does cleaning out the 401(k) and spending it on hookers and blow. Makes about as much sense financially, too.