Quote:
Originally Posted by premier3is
If people are truly getting 10yr loans at 12% interest for a car... 1. You REALLY can't afford it and 2. You need to take some financial courses ASAP on managing money. 3. Get some help for how stupid you are.
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Psh a $75k loan is just a $1076.03 payment for 10 years totaling $129,123.85 (54k in interest) on an asset with a sharp depreciation curve. What could go wrong?