• 2 Posts
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Joined 2 years ago
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Cake day: June 17th, 2023

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  • Right now cars are sold to dealerships and then are resold at higher prices to consumers while throwing in fees, markups and any possible way they can come up with a way to get you hooked on an interest rate that they have made kickbacks and deals with financing companies to ensure they can sell more cars.

    A car salesmans job is to make money off charging you as much as they can. They often make 100-150k a year. That’s all money that comes from the purchasers who would have just paid the manufacturer for the product they wanted, and not have situations where you are haggling to get a decent price and finding out most everyone is getting taken advantage of.

    The numbers vary but in general you are likely paying 3 grand more than what you would have if you bought directly from the manufacturer. Some places are saying 10% markups, so that’s 5k on the average new car purchase being around 50k.






  • I think a lot of it is coming from the bird flu scare. If the milk is pasteurized the virus would be killed in the process. If it isn’t killed and gets transferred to a person it can be deadly. The chance of death varies drastically though. Worse than covid odds, but up to ridiculous levels if someone is pregnant.

    Basically if a pregnant woman gets it from raw milk somehow, the chances of death for her and the baby are around 90%. So the lack of knowledge of if the spread amongst the cows is being stopped, is leading to the fear of it being dangerous to humans




  • Let’s look at the new average cost of a car. Roughly 50k. The average loan amount for new cars is right over 40k. (Meaning they are paying 20% upfront by either trade-ins or down payments. The average car loan interest and length are 6.84% at around 67 months.

    So that would mean the average person pays $8,235 more than a rich person.

    So it really makes out to be that there is a 120% charge on the 40k they borrowed.

    Note: car insurance costs are based off the area you reside in, and your credit score. So you will pay more to have it as well.

    Poor people pay more on everything. And when you compare how much money someone makes it isn’t direct like many people view it.
    Someone who makes 40k vs 50k isn’t a “well they don’t make that much more”

    If the cost of living in the area is 35 a year. One has $13.69 /day spending money. The other has $41.07 /day spending money. $178/day if you made 100k in that area.

    So someone making 40k if they spent money on nothing else, could buy that car outright in 10 years… 100k doing the same could buy it in October, of that same year (271ish days)

    Drastically different living/saving possibilities between them.