- cross-posted to:
- hackernews@lemmy.bestiver.se
- cross-posted to:
- hackernews@lemmy.bestiver.se
If only we had invented and built some sort of alternative mode of collective transportation. Maybe it could be in tunnels and ride on metallic rails. It would serve many people and make periodic stops to the same locations instead of the highway clusterf- we have today. Sad that we don’t, but a man can dream though. A man can dream.
If I had the money lying around I’d totally buy a midlife crisis car. A v8, automatic coupe style with a real healthy rumble to it. I drive less than 3k miles/year, and barely travel far enough to make the lowest end of the fuel efficiency range. You know the kind of car that says “yeah this car is for fun, and that dude is probably not alright”.
But I have class so at minimum I’m looking at burning $60k on like a used Lexus RC F.
Like come the fuck on you know? Even if I ponied up “half” that cost, the 5 year loan runs $700/mo. $700. Who the absolute fuck has a monthly extra $700 just sitting there right now AND that mystery $30k I mentioned.
Are people just not able to math?
The average American car payment right now is like $670 per month. Its truly absurd. Its no surprise that people are drowning when you look at what theyre paying to have this or that.
Even more shocking is the amount of people buying their next car while still underwater on the first one. A large number of people are rolling $10k of prior vehicle debt into the purchase of a vehicle, driving up their monthly even further
You have gotta be shitting me.
I thought I was being unreasonable for playing around with the idea should I figure out a way to save up the $30k for a midlife crisis car.
And here people are already paying that premium while in debt with another vehicle. So they roll over the debt. Now, I’m not exactly sure why the people bought a new rolling death machine, but it sounds a lot like a significant lack of reason.
He’s not. I bought a Subaru with an 820 credit score and still couldn’t get less than like a 6% APR through my own shopping and dealer even looking. This was a year ago. My payments are in the 500 range though.
Thankfully my other car is paid off and we’re in a position to afford the Subaru without issue. It’s become my wife’s daily while I drive the paid off Hyundai.
No, they are not. That’s why a significant number of students fail math classes. The number of children who cannot even perform basic 7th-grade math is shockingly high. Then, they discover that they will pass even if they fail, so they relax and blame the teachers when their parents see their grades.
My wife and I are saving for a “down payment” for our next vehicle. I’ve got about $10k saved but I really need at least $20k down to make the payment manageable. I should be buying outright with $20, but here we are.
Don’t forget about insurance and property tax. The monthly payment isn’t all you have to spend.
Registration fees too.