@BeatTakeshi@lemmy.world to Funny: Home of the Haha@lemmy.world • 10 months agoFarmboy's lamentlemmy.worldimagemessage-square64fedilinkarrow-up11.18Karrow-down119
arrow-up11.16Karrow-down1imageFarmboy's lamentlemmy.world@BeatTakeshi@lemmy.world to Funny: Home of the Haha@lemmy.world • 10 months agomessage-square64fedilink
minus-square@pearsaltchocolatebar@discuss.onlinelinkfedilink2•10 months agoMost car loans are upside-down the second you drive it off the lot. It takes a long time to get out of negative equity, so the vast majority of people who have their cars repossessed don’t have any equity built up.
minus-square@pearsaltchocolatebar@discuss.onlinelinkfedilink2•10 months agoYes, I’m a bootlicker because I understand how asset valuation and depreciation work.
minus-square@DragonTypeWyvern@midwest.sociallinkfedilink-1•10 months agoYeah, that’s the issue at hand, bootlicker.
minus-square@pearsaltchocolatebar@discuss.onlinelinkfedilink-1•10 months agoWhat, you not understanding how finances work?
Most car loans are upside-down the second you drive it off the lot. It takes a long time to get out of negative equity, so the vast majority of people who have their cars repossessed don’t have any equity built up.
🥾👅
Yes, I’m a bootlicker because I understand how asset valuation and depreciation work.
Yeah, that’s the issue at hand, bootlicker.
What, you not understanding how finances work?