I drink your milkshake! a metaphor for capitalism

[1989]

If you are fat you get to take days off?

Seems backwards, doesn’t it? The fat ones should work more.

 

[DriveInDriveOut]

It is definitely a warning. Maybe time to tighten the credit markets again. Then the people who can’t afford a new car will have to settle for a $5000 used one.

They're pushing 6 and 7 year car loans now to keep people paying these ridiculously high car prices.

Manufacturers are most likely going to move to a subscription based sales model soon, some are trying it out already.

 

[IVE GOTTA PACKAGE 4U]

They're pushing 6 and 7 year car loans now to keep people paying these ridiculously high car prices.

Manufacturers are most likely going to move to a subscription based sales model soon, some are trying it out already.

 

[oldngray]

You could always lease instead of buying.

Its what Dave would do.

 

[DriveInDriveOut]

View attachment 235863

 

[IVE GOTTA PACKAGE 4U]

You could always lease instead of buying.

Its what Dave would do.

 

[IVE GOTTA PACKAGE 4U]

View attachment 235864

 

[KOG72]

View attachment 235866

I like pie!!!!!

 

[IVE GOTTA PACKAGE 4U]

I like pie!!!!!

Especially hers...

 

[Operational needs]

They're pushing 6 and 7 year car loans now to keep people paying these ridiculously high car prices.

Manufacturers are most likely going to move to a subscription based sales model soon, some are trying it out already.

How does the subscription based sales model work?

 

[DriveInDriveOut]

How does the subscription based sales model work?

Volvo has a SUV they sell for like $45,000.

Or you can do the subscription for 500 a month no down payment, insurance and maintenance included, and you can swap it out for a new one after a year.

 

[Operational needs]

Volvo has a SUV they sell for like $45,000.

Or you can do the subscription for 500 a month no down payment, insurance and maintenance included, and you can swap it out for a new one after a year.

So kind of like leasing.

 

[1989]

So kind of like leasing.

Subscription based sales....the millennials love it.

 

[DriveInDriveOut]

So kind of like leasing.

Yup just less complicated and easier to get out of...and you probably lose less money since leasing is so terrible in general.

 

[DriveInDriveOut]

Subscription based sales....the millennials love it.

Ya that's why I think it's gonna get popular. Baby boomers love to borrow up to their eyeballs but they're dying off so they gotta come up with a new scam.

 

[1989]

Ya that's why I think it's gonna get popular. Baby boomers love to borrow up to their eyeballs but they're dying off so they gotta come up with a new scam.

With borrowing, I know the terms and conditions. I essentially own and control an asset. The scam is on them.
Leasing/subscription, not so much.
Full disclosure....I cannot afford a new car....but an asset of equal value, let’s talk.

 

[rickyb]

A girl I work with was just telling me the other day that she bought a new Honda. Car payment is over $500! Granted, she still lives in her parent’s basement at 40 some years old. lol.

yea we had a tenant, she lived with her parents, young girl, she was in school and working at a casino, couldnt have been making alot of money.

so she bought a new sonata i believe. she cant drive either because she sideswiped her bros toyota sports car in the drive way. nice girl though.

parents shoulda told her to buy used and get a base model like honda fit or toyota yaris.

 

[rickyb]

Many times doctors do say how may hours you can work each day.

yea but its always after the fact.

whats that phrase about prevention? a 40 hour week at every job is asinine.

 

[rickyb]

You mean if you borrow money you are supposed to pay it back?

View attachment 235858

the lender assumes risk too, hence the interest.

 

[rickyb]

Maybe if people stopped buying cars that were more expensive than what they can afford they wouldn’t have this problem.

agree but theres also lender induced fraud.