Vladyslav Dalechyn pfp
Vladyslav Dalechyn
@dalechyn.eth
I’ve been watching pov car dealership videos and I am quite surprised how that many people are financing/leasing a car. Literally only saw one guy buying car in cash. And not those that need you to drive from point A to B, but sportcars, supercars, porshe, bmw, amgs. Why people drive cars they can’t afford? One stupid mistake and you’re financing a chunk of metal. Is the rate too low? Rather not - people pay 10-16% from what I saw. Social pressure? If you pay nearly zero rate, I get that, and if you get a family SUV or something rather cheap. Or if you have got cash flow but want to keep the liquidity to earn from.
2 replies
1 recast
3 reactions

Samuel ツ pfp
Samuel ツ
@samuellhuber.eth
Lease can be a very good deal if all expenses like inspections etc are part of it And especially if you can pay it out of Cashflow For business the write off also is instant vs over years It’s all situational but all are viable
0 reply
0 recast
1 reaction

Kolom pfp
Kolom
@kolom
I think the last sentence is good answer :) mostly
0 reply
0 recast
1 reaction