30% of the US with auto-loans owe more than the car is worth, the car wasn't the product, you were! Securitising your future paycheques and selling it on to big banks and pension funds was the product, do you understand?

Reply to this note

Please Login to reply.

Discussion

Don’t buy new cars. One of the easiest ways to save money in the longer term. Start with one at least 4-5 years old.

We need Sovereign Motor Company™

#SMC

nostr:note1r0443ht4gj4hlll5wmw40uqc0j5u6xh5g0hr7kwvj85thecdlzts2fdw64

Diamonds and Cars. The quickest value loss after buy, of any product! It's a SCAM!

Why wouldn't these people in the subtitles have insurance on the car? That's crazy not to have full insurance on a car your don't even own.

Probably makes it too expensive, they're clearly just meeting the minimum to drive off the lot with the car

Crazy people