somebody_to_love@lemmy.today to Lemmy Be Wholesome@lemmy.worldEnglish · 1 month agoFocus on the presentlemmy.todayimagemessage-square45linkfedilinkarrow-up10arrow-down10
arrow-up10arrow-down1imageFocus on the presentlemmy.todaysomebody_to_love@lemmy.today to Lemmy Be Wholesome@lemmy.worldEnglish · 1 month agomessage-square45linkfedilink
minus-squareThatGuy46475@lemmy.worldlinkfedilinkarrow-up0·1 month agoThis is exactly why you should trust your car dealer to get you a better car for the same monthly payment. Some people might tell you that you’ll be making those payments for longer, but that’s the future, and the future doesn’t exist.
minus-squarevillage604@adultswim.fanlinkfedilinkEnglisharrow-up0·1 month agoIf the interest rate is lower than inflation, it makes sense to finance. The debt becomes relatively cheaper over time. But that’s only if your budget has enough headroom for inflation.
minus-squareRemember_the_tooth@lemmy.worldlinkfedilinkarrow-up0·1 month agoFound the repo company owner lurking on Lemmy.
This is exactly why you should trust your car dealer to get you a better car for the same monthly payment. Some people might tell you that you’ll be making those payments for longer, but that’s the future, and the future doesn’t exist.
If the interest rate is lower than inflation, it makes sense to finance.
The debt becomes relatively cheaper over time.
But that’s only if your budget has enough headroom for inflation.
Found the repo company owner lurking on Lemmy.