Fuck Cars
A place to discuss problems of car centric infrastructure or how it hurts us all. Let's explore the bad world of Cars!
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This community is about cars, their externalities in society, car-dependency, and solutions to these.
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In the absence of a flair system on lemmy yet, let’s try to make it easier to scan through posts by type in here by using tags:
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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 😢
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.