return2ozma@lemmy.world to politics @lemmy.world · 1 month agoTrump proposes new tax break on car loan interestwww.cnbc.comexternal-linkmessage-square13fedilinkarrow-up118arrow-down112
arrow-up16arrow-down1external-linkTrump proposes new tax break on car loan interestwww.cnbc.comreturn2ozma@lemmy.world to politics @lemmy.world · 1 month agomessage-square13fedilink
minus-squarejust_another_person@lemmy.worldlinkfedilinkarrow-up2arrow-down4·1 month agoRich people don’t buy their cars on loan…
minus-squareZaktor@sopuli.xyzlinkfedilinkEnglisharrow-up8·1 month agoRich people love debt. Their existing wealth gets them great terms and they’re in the best position to apply the saved capital to investments that return more than the loan rate.
minus-squaredeegeese@sopuli.xyzlinkfedilinkarrow-up8arrow-down1·1 month agoThey sure as hell do. Go talk to some car salesmen on shitsite’s /r/AskCarSales
Rich people don’t buy their cars on loan…
Rich people love debt. Their existing wealth gets them great terms and they’re in the best position to apply the saved capital to investments that return more than the loan rate.
They sure as hell do. Go talk to some car salesmen on shitsite’s /r/AskCarSales