this post was submitted on 21 Oct 2026
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Fuck Cars

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[–] lobut@lemmy.ca 7 points 1 day ago (1 children)

I've seen quite a few videos about "rolling negative equity" and didn't even know it was a thing. Also, you hear someone threatening the car dealer for suggesting they buy a car for ONLY $20K when he's never been seen something in less than a beamer and being in debt so they have to take a loan for the down payment (which doesn't even make sense to me)... I hope these videos are fake 😢

[–] Semi_Hemi_Demigod@lemmy.world 5 points 23 hours ago

The first time I heard about rolling negative equity I gasped audibly.

Cars are a depreciating asset unless they’re very rare. They’re always going to have negative equity. This is financial flim-flammery disguised with fancy corpo words.