seneca
@seneca
leases on cars are an incredible financial product. makes the buyer thinks they are getting a deal (only $ per month!), says nothing about the interest they are effectively paying (since it’s not a loan) and has an insanely high retention rate because you can’t live without a car so might as well. gg auto dealers
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LazyFrank🦉
@lazyfrank
Many areas where you can get a loan are like this. Interest is a wild game. Pawned off with the right info hella people pay 2-5x the item cost thanks to minimum payments lol
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