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@D@piefed.social
- Comment on $1,000 car loan payments are on the rise, stressing household budgets 2 weeks ago:
… yikes.
- Comment on $1,000 car loan payments are on the rise, stressing household budgets 2 weeks ago:
I don’t see any comments about a free car, not sure to what you’re referencing.
The “no free lunch” is a economics principle, no one is giving away anything for free, even as small as a free lunch. Regarding 0% auto loans… these are just another marketing scheme designed to sell more cars because some subset of consumers reported they didn’t want to pay loan interest. Marketing hears that, says great, we’ll design a system where you won’t pay any interest. If it sounds too good to be true, it usually is… except when a billion dollar corporation is the one offering the *great deal, then you can rest assured it’s absolutely too good to be true. Although you’re not paying interest, the total loan amount will be comparable to someone with a similar credit score who is paying the interest rate you would have received had you gone that route.
If you’re making monthly payments, you’re paying more than you would of had you purchased the vehicle outright. This difference is money that could have earned interest in a bank or a return on another financial investment.
- Comment on $1,000 car loan payments are on the rise, stressing household budgets 2 weeks ago:
There’s no such thing as a free lunch.
- Comment on $1,000 car loan payments are on the rise, stressing household budgets 2 weeks ago:
There are those that pay interest and those that get paid interest, the decision is yours.
- Comment on There is a key difference between walkable and car dependent living: 5 months ago:
Probably just lie around in warm mud drinking cool margaritas while playing endless games of high stakes mahjong.
- Comment on People regret buying Amazon smart displays after being bombarded with ads 5 months ago:
I’m about to just toss the whole thing and move back to google.
… Ah yes. Here we see that, while frustrated, the consumer remains largely undeterred from fitting into the boxes outlined by our fearless corpo overlords.
- Comment on People regret buying Amazon smart displays after being bombarded with ads 5 months ago:
Looking At Martin Freeman
- Comment on Motivational 7 months ago:
Congratulated, the successing is finding you successfully.
- Comment on Exclusive: Evidence of cell phone surveillance detected at anti-ICE protest 8 months ago:
A lot of great info, but "If you choose to answer questions, be sure to tell the truth” is a mistake. Remember, anything you say "can and will be used against you." Key word, against. Nothing you tell them will be used to help you. Remain silent.