Posted by BarnyardEngineering on August 20, 2021 at 06:20:25 from (161.69.121.33):
In Reply to: Someone explain it posted by grandpa Love on August 20, 2021 at 05:01:49:
Nobody buys anything that expensive with the intention of ever paying it off. They will use it for a few years and then trade it in on a new one. The payments are part of the business model.
That's the way of the world now. You're just borrowing it. Let the next guy deal with paying for it. Got a friend who is in his 60's, built a fancy new house, 30 year mortgage. Clearly not going to pay the house off in his lifetime. By his own admission he is just "renting."
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