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
7 replies
9 recasts
65 reactions
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
0 reply
0 recast
1 reaction
Robotandkid
@robotandkid
if you have a business or are self-employed, leases can be written off for taxes
0 reply
0 recast
2 reactions
Damian
@damian-kidd
What’s a better way?
0 reply
0 recast
1 reaction
MountainMoses 🎩
@mountainmoses
What do you recommend > leasing?
0 reply
0 recast
0 reaction
Ab 🍄↑
@qbodp.eth
Yeah, leasing always feels like a good deal until you do the math. They really know how to keep you hooked 😂
0 reply
0 recast
0 reaction
Kalyan
@kalyan
gm
0 reply
0 recast
0 reaction
Cool Beans 🌞
@coolbeans1r.eth
Always buy cars cash. This is the way.
0 reply
0 recast
0 reaction