Lee Duna@lemmy.nz to News@lemmy.worldEnglish · 11 个月前An Auto Loan Debt Crisis Looks Imminentwww.automoblog.netexternal-linkmessage-square165fedilinkarrow-up1285arrow-down15
arrow-up1280arrow-down1external-linkAn Auto Loan Debt Crisis Looks Imminentwww.automoblog.netLee Duna@lemmy.nz to News@lemmy.worldEnglish · 11 个月前message-square165fedilink
minus-squareAux@lemmy.worldlinkfedilinkarrow-up1arrow-down1·11 个月前No, remortgage your property at super low interest rate below inflation and then buy with the cash you got. This way you’re saving crap loads of money.
minus-squareryathal@sh.itjust.workslinkfedilinkarrow-up1·11 个月前That’s even worse. Now you have your house on the line for a depreciating asset. It’s the depreciation that makes financing cars such a bad deal.
minus-squareAux@lemmy.worldlinkfedilinkarrow-up1arrow-down1·11 个月前Only if you want to sell your house in a few years. If not, it’s a money printing machine.
No, remortgage your property at super low interest rate below inflation and then buy with the cash you got. This way you’re saving crap loads of money.
That’s even worse. Now you have your house on the line for a depreciating asset. It’s the depreciation that makes financing cars such a bad deal.
Only if you want to sell your house in a few years. If not, it’s a money printing machine.