this post was submitted on 20 Nov 2023
320 points (94.9% liked)

News

23640 readers
3316 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 74 points 1 year ago (5 children)

I'm in Austin, TX. It BAFFLES me how many folks own these huge trucks and SUVs. My wife and I bought a used Ford Fiesta for $12k, payments are about $225. Even that's tough to swing sometimes. Still, it's been worth it for the gas mileage alone. Currently sitting at about 34mpg. I can't imagine what some of those huge trucks get. Not to mention that I don't understand how they're practical to drive much of anywhere in. Just so damn huge and unwieldy. I'm happy with my tiny car. Would be happier with a train.

[–] [email protected] 56 points 1 year ago* (last edited 1 year ago) (6 children)

My buddy was just bragging to me how he just bought a brand new Sequoia with all the bells and whistles and only had to do was take out the equity on his home and he paid cash for the whole thing... Somehow I couldn't get him to understand how fucking stupid it was to take the equity out of his home to buy a fucking fancy car.

[–] Ghostalmedia 27 points 1 year ago (1 children)

“All I had do to was take money out of the thing that appreciates and put it into the thing that immediately depreciates 20% after I drive it off the lot!”

[–] [email protected] 10 points 1 year ago

*depreciates 20% the moment the money changed its owner. Another 20% when you get the key and another 20% when you use the key for the first time to unlock it

[–] TenderfootGungi 13 points 1 year ago

My accountant does that because home mortgage interest is tax deductible and car interest is not. But he can afford his luxury car.

[–] IMongoose 9 points 1 year ago

Holy shit, that's so stupid lmao.

[–] Stoney_Logica1 7 points 1 year ago

Holy shit, what a dumb way to spend the equity from your home. My wife and I have a HELOC and it all goes back into the house in the form of improvements.

[–] jordanlund 1 points 1 year ago (1 children)

Reduce value in an asset that increases to buy an asset that decreases in value... brilliant!

[–] [email protected] 1 points 1 year ago (1 children)

You do understand that mortgage interest rates are often half that of a car loan, right?

[–] jordanlund 3 points 1 year ago

Not right now they aren't...

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

I'm sorry for your loss.

[–] [email protected] 16 points 1 year ago* (last edited 1 year ago) (2 children)

34mpg is 6.92l per 100km in non savage units.

[–] [email protected] 7 points 1 year ago (1 children)

Pretty unimpressive economy actually.

[–] [email protected] 2 points 1 year ago

Yes. Cars have gotten more fat throughout. I used to drive for less than that on an 80s corolla. 90s ford got to 5.something. My NA v6 Mercedes even got 7-9 in "daily" use.

[–] [email protected] 2 points 1 year ago

It’s better than the 8mpg I was getting in an old truck I had inherited. Hated driving that thing.

[–] Wrench 7 points 1 year ago (2 children)

I'm in southern California. Been wanting an old truck to enable a woodworking hobby, but it's hard to find listings for 20 year old trucks with standard bed for under 10k. 20 years old...

[–] [email protected] 8 points 1 year ago (1 children)

Germans love trailers for their cars, seems like a viable solution

[–] Wrench 3 points 1 year ago (1 children)

I've considered it, but my driveway is steep, and I'm dubious about my ability to back up with a trailer.

[–] [email protected] 6 points 1 year ago

I just rent a truck from home Depot or turo when I need it and it's not often. I have a roof rack on top of my car that handles 99% of larger buys. I hope you know of Bonhoff lumber in Vernon, they've always hooked me up with scraps.

[–] [email protected] 4 points 1 year ago* (last edited 1 year ago) (1 children)

34mpg that's like 14.5km/L....that's really not very good, it's a bit poor actually for that size of car.

[–] [email protected] 9 points 1 year ago

It’s a lot better than the 8mpg I was getting in the truck I had inherited before it died.

The 34 is also an average, on the highway it’s closer to 50-60.

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

That's quite high for a Ford fiesta. My hyundai of the same size gets 42 mpg, but it's a european model.