this post was submitted on 06 Mar 2026
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Late Stage Capitalism

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[–] WhiteOakBayou@lemmy.world 9 points 5 months ago

This is sad. We will own nothing and like it. Just taking care of the bank's assets and paying them for the privilege.

[–] robocall@lemmy.world 3 points 5 months ago (4 children)

7 year car loans? Who wants to own a 7 year old car? and then turn it in to take out another loan?

[–] Hegar@fedia.io 5 points 4 months ago

I've never owned a car younger than 10 years old. Currently loving my 2002 subaru.

I want a car, not a self-surveillance van.

[–] Ptsf@lemmy.world 2 points 5 months ago

The American public will do anything to live a better life, except demand fair wages.

The people who can't afford it, but don't want anyone to know. These people don't know any better and just keep trying to keep up with the Joneses.

Usually comes from either a lack of education regarding finances or watching their parents and other adults around them doing the same while they grew up.

[–] UnderpantsWeevil@lemmy.world 1 points 4 months ago

Who wants to own a 7 year old car?

I've got a Chevy Volt from 2018. Still runs great. Going to try and hang on to it for at least another couple of years.

I wouldn't want to be paying a note on a seven year old car. My wife's car has a three year note at 0.9% APY, and I can't wait till that's done with, even if the interest is nominal.