Capitalism takes advantage of poor, stupid people and it's not right
>>545968579>$206,000
>>545968579kek wtf
>>545968579Name me an economic system that doesn't.
>>545968579>62.5 years to pay off an 8 year old shitboxI ain't even mad.
>>545968579stupid people don't deserve any better. if you try to lift them up they'll lower themselves back down to their natural level
>>545968579750 months is 62 and a half years... wtf?
That's a huge bet against inflation by the dealership. What do they know?
>>545968579I mean somebody this stupid would be taken advantaged of under pretty much any other ideology. He'd be conscripted to die in human wave tactics wars or be starved to death under communism Only natsoc attempted to nip the moron problem in the bud entirely through eugenics.
>>545968579>yo wassup homeboys, this whip be wildin'Truly a trustworthy image where you get an honest deal.
>>545968579Oh yeah, well in May 2089, his son will get to share in the satisfaction of making the last payment.
>>545968922More like an easy bet against the buyer. They know he won't last a year.
>>545968579There is no way he'll keep paying after a couple of years.So what happens then?
>>545968579The car is worth 15k max. Who buys this? Surely no one is that stupid?>AmericaOh yeah I see now.
>>545968579>62 1/2 years>over $206,000Fucking kek. In reality I know how these places work, there is a GPS in the vehicle that is only removed after final payment. Miss a payment and it gets re-possessed, re-sold and the cycle starts over.
>>545968922check'd; that even with inflation, the retard is still overpaying buy like $180,000
>>545968922They know that he'll go underwater on the loan and the car will be repossessed within the year.
>>545968996The banks repossess it, keep his money, charge him interest on what remains forever, and then sell it to the next guy.
>>545969000>>545969007So will he be off the hook once they repossess the car?Or can they go after his bank accounts and house too?
>>545968996keep the downpayment, any monthly payments made. Then repo the car and do the same scam again with that same car.
>>545969096only if he declares bankruptcy
>>545968922>What do they know?I'm still trying to figure out what flavor of troon the creature on the right is. It has no tiddies but there does seem to be some semblance of hips. Is it a chick with her breasts amputated or a dude with bitch hips? The world may never know.
although the student loan programs backed by the government, you can't discharge those with bankruptcy, and they can come seize any assets you have in your house perpetually
>>545969096The way it works is that you do NOT own the vehicle outright, the bank holds a lien on the title. Once he completed all payments, the lien would be lfited and it would be 100% his property. Until then, it's technically the dealer's or banks. So, he misses a payment, tow truck comes and hauls it away. His payments stop, but say he spent $10,000 already in payment, that money is essentially wasted. He could opt to buy it again, but his previous payments would not be counted.These systems specifically target poor people usually alcoholics or druggies who have very low income and little education.
>>545968579Zoomerslop is so unwatchable even if looking to get outraged I just cant deal with it. If you do subtitles like that you need to be hanged.Also taking advantage of dumbdumbs or other vulnerables isnt good. The dealer's a scumbag and also needs to hang, just a little slower.
>>545969249also usually little choice, lol it's either do that or don't have a car for a lot of peopleand there's still a bunch of areas here with little to no public transportation where not having a car is not really an option
shit I've lived places where the closest "store" of any kind was a 5+ hour walk away
no buses so it's walk or nothing if you don't have a vehicle
lmao everyone in that video will be dead by the time the car is paid off
>>545969339I really do pity people who live in areas where getting a cheap bike or walking is legit not an option.
>>545968651>>545968835>and you know I got those WACKY deals
>>545969249That is bad but at least it isn't $200.000 bad.You could see it as renting a car for around $500 per month (monthly payments + downpayment divided by number of months)
>>545969339>>545969598>>545969249good thing that nigger obama crushed all the cheap used cars for the environment or something
>>545968579>Capitalism takes advantage of poor, stupid people and it's not rightA false perception of reality. People with favorable starting conditions exploit those with unfavorable starting conditions. This holds true regardless of the system.Pic semi-related.
