@BeatTakeshi to Funny: Home of the Haha • 7 months agoFarmboy's lamentimagemessage-square69arrow-up11.19Karrow-down119
arrow-up11.18Karrow-down1imageFarmboy's lament@BeatTakeshi to Funny: Home of the Haha • 7 months agomessage-square69
minus-square@[email protected]linkfedilink2•7 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@[email protected]linkfedilink2•7 months agoYes, I’m a bootlicker because I understand how asset valuation and depreciation work.
minus-square@[email protected]linkfedilink-1•7 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?