/biz/ - Business & Finance

no, but apparently posting this old shit every day makes you a billionaire in no time at all

>>53944509
one of the fastest depreciating assets you can buy

>>53944509
She's gonna pay 1-2 months max

>>53944661
And she's gonna return it to the dealership in good condition.

>>53944609
It's a tool, not a asset.

>>53944509

>>53944509
how many days in a row are we going to have this thread?

>>53944661
probably what the car is actually worth

I'm curios approved the loan and who takes the hit. Are car loan repackaged like mortages in 2007?

>>53944519
Currynigger got ranged on his iphone he's using an android now.
See the avocado post spamming, it's absolutely him he's the only faggot here this butthurt, I haven't been b& once during all his bullshit and he's gotten ranged several times for posting bestiality and doxxing people.
Unironically 4chan is likely gonna contact his ISP since he's not a burger and they do that in non burger countries for breaking the law nonstop.
(Only if you really piss them off)

>>53944509
>>53944960
Honestly it pisses me off sometimes that I live in the same country with niggers and yuppies who SOMEHOW can still afford to drop $300-$1000 a month on shit like this
On just a car!
I've got a high IQ, am living a quite frugal life and still am only able to save/invest a max of $1000 a month
Why can't I find one of these jobs that allows me to have money like these people without going to goycollege?

What the fuck am I doing wrong??

>>53946235
>what am I doing wrong
Thinking you’re high IQ when you’re clearly not. The best thing for you is to find some one with the success you want and become a boot licking supplicant to them-
Mimicking their life like your life depends on it, you’re not smart enough to make it, and you’re too narcissistic to see your own limitations, you’re a midwit at best and probably less intelligent than the $1000/mo car goons

>>53946235
>midwit thinks he is smart
Sorry champ

>>53944758
And she'll be given less than $1500 for it while still having to pay the remaining 82 months.

>>53946235
>live in ghetto crackshed
>pay $100/month for your biggest expensive
>live with 10 other people
>finance 40k car
>get it repod within a year

>>53944509
>$289 * 84 = $24,276
what bank approved this? they approved a $25,000 loan with $500 in collateral?

>>53946294
The car isn't worth $25000. The debt is with her, the bank have not given her $25000... you need to learn how debt works.

>>53946294
>what is business and finance
A smart one, given how the cars true value (in perfect condition) is $2615.

$500 risk for a chance at 800%+ ROI is a good trade off. The bank/finance company immediately turns a profit after 11 months, or sooner if you factor in the savings from getting the car off the lot

>>53946294
Also you have to be 18+ to post here.

Daily reminder people like this poster are the ones giving you “investment” advice on this board

>>53946350
>$500 risk for a chance at 800%+ ROI is a good trade off.
>$500 risk
it's not though

the bank paid the scam used car sales lot $25,000 already. if the woman defaults the bank takes a $25,000 loss not a $500 loss, and the chance is nearly 100%

>>53946382
>the bank
Dealer financed it.

>>53944509
what happens if you dont pay in full?

>>53946382
It's a PCP financed car. It's not a loan you retard.

>>53944509
Yes. Especially a Range Rover or other super reliable cars.

>>53946456
It gets repo'd, which is what always happens in these situations.

>>53946616
if thats it, then who cares. better then trying to sell it.

>>53946282
Nah I'm joking. She'd break the car and move to Florida before she even thought of returning the car to the dealership.

>>53944509
All they do is eat money. Unless your talking buy the right car at the right time, keep it stored and its a classic worth 10x more in a few decades. But its quite hard to judge that.

>>53944509
everyone involved in this transaction knows shes not going to keep up with those payments