this post was submitted on 08 Nov 2023
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[–] tacosplease 19 points 1 year ago (3 children)

I don't understand how people buy new cars. They cost like 1/4 of a house.

[–] [email protected] 12 points 1 year ago* (last edited 1 year ago) (1 children)

Debt that they can't afford. You can get approved generally for more debt than you can feasibly make payments on. Easier for a working class schmo to get approved for a $90K truck than a $500K house.

[–] RGB3x3 12 points 1 year ago (4 children)

Who the fuck pays $90k for a truck?

Anybody willing to do that deserves it.

[–] [email protected] 7 points 1 year ago

Lots of people. I don't get it either, but here we are.

[–] [email protected] 3 points 1 year ago

Like a quarter of the US, lol

[–] [email protected] 3 points 1 year ago

People assume they wouldn't be approved for a loan amount they couldn't afford

Not many people understand they the debt is sold to someone else and soon as you walk out the door

[–] [email protected] 3 points 1 year ago

Have you looked at the price of trucks lately?

[–] CookieOfFortune -2 points 1 year ago

I mean it depends on what you’re looking for. For some the ability to have all the features they want and not have any small issues are worth the premium. You can choose what you value.

I think it’s a different argument where people buy products outside their means.

[–] Aux -5 points 1 year ago

A lot of people earn a lot of money. Especially in the US.