324
Shhhhhhh, it's been waiting to break down.
(sh.itjust.works)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 12 May 2025
324 points (97.9% liked)
People Twitter
6943 readers
2120 users here now
People tweeting stuff. We allow tweets from anyone.
RULES:
- Mark NSFW content.
- No doxxing people.
- Must be a pic of the tweet or similar. No direct links to the tweet.
- No bullying or international politcs
- Be excellent to each other.
- Provide an archived link to the tweet (or similar) being shown if it's a major figure or a politician.
founded 2 years ago
MODERATORS
Yes, because the people getting cars on payments have tons of cash lying around.
People who have money, lease. That allows you to exit quickly, and interest rates are cheap, you don't have to tie up your own liquidity.
People who have less money, but are sensible with it, pay cash. That allows you to never be stuck with a car payment you can't afford, and you get to keep your car if something bad happens to your finances.
People who don't have money, or have some money and want to live like they have more of it, get car loans. Unfortunately, some people can't avoid them because they truly don't have even the "50% less" lying around. Car loans are predatory, particularly in the US it seems, and these will fuck you up, causing a cycle where once you've paid off your car, it's not got much life left, or at least, you'd need a slightly larger emergency repair budget lying around, so people tend to get newer cars on new loans.
If you don't have and can't get $3-5k in cash do crime until you have it
(This is financial advice)
It's not bad financial advice either. You can get a free roof over your head if you get caught!
Though I hear being in prison in the US is expensive in its own right... Maybe not great after all