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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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13339914 No.13339914 [Reply] [Original]

Posting from /o/

How in the fuck could anyone do this to themselves?
ITT Post finance gore

>> No.13339930

https://www.youtube.com/watch?v=uiyd--h8vyk

>> No.13339958

>>13339914
>paying $47,000 for a $23,000 car
lmao
>buying a car at all

>> No.13339963

>>13339930
Roger's a fucking nigger

>> No.13339973
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13339973

>car loans
>rent to own
>payday loans

>> No.13339974

You seem to think /biz/ knows anything about finances or business. You will soon learn how mistaken you are.

>> No.13339980

>>13339914
what coin is this?

>> No.13339987

i have meh credit and went to buy a car. they gave me a 26% apr loan lol so i just bought it outright with cash and then my credit score dropped even lower.

>> No.13340015

>>13339914
This is fake right?

>> No.13340028

>>13339958
The interest literally exceeds the price of the car. Thought it was old until I saw the date.
That car is worth $15k the moment it left the floor. Trading it in would net a $32k loss. Entertaining to say the least. The APR is ridiculously high but similar scenarios aren't that uncommon.

>>13339987
Good work. It's nicer having a cheap car with no payments. You also don't have to worry about dents etc. Its kind of a blessing driving a cheaper car. Owning a new car looses its shine after a few months, I never liked the anxiety, well when you don't have the money to not care so much about it.
Credit score doesn't matter if you won't need it. If you absolutely do need it in the future a few years with a $500 card and being responsible will get you a decent score. No need to be a debt slave at all.

>>13340015
Sadly, no

>> No.13340045
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13340045

Not as good but still an assfucking and a half.

>> No.13340347
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13340347

>>13340045
>>13339914
this cycle is fucked...these crummy car loans are going to BTFO the economy along with student loans, credit cards, and corporate debt.

>> No.13340370

>>13339914
where's that image of the guy who took like a 400k loan from the arab emirates right at the top of the crypto bubble

>> No.13340825

>>13340347
Jesus. Does this mean a sharp drop off in new car sales if shit hits the fan? I've noticed repo's on the rise. Clearly it's only just started.

Off topic but even PayPal has started a buy now pay later scheme available to everyone. Similar to ZipPay and AfterPay. It's like there is another big push to put everyone in some form of low value item debt. 7 year car loans are slowly catching on which worries me.

>> No.13340832

>>13339914
This is absolutely heinous.

>> No.13340838

>>13339987
Nothing rustles my jimmies more than the credit score scam.

>> No.13340851

>>13340347
How do I short this