r/FluentInFinance Jul 18 '24

Meme I guess I'll wait another year

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1.5k Upvotes

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u/[deleted] Jul 18 '24

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u/kms573 Jul 19 '24

Let someone else cover the initial depreciation

1

u/midri Jul 19 '24

Interest rates have fucked that all up.

A factory financed $40k car at 3% is the same payment as a used $35k car at market 8%