Welcome to Lemmy Shitpost. Here you can shitpost to your hearts content.
Anything and everything goes. Memes, Jokes, Vents and Banter. Though we still have to comply with lemmy.world instance rules. So behave!
1. Be Respectful
Refrain from using harmful language pertaining to a protected characteristic: e.g. race, gender, sexuality, disability or religion.
Refrain from being argumentative when responding or commenting to posts/replies. Personal attacks are not welcome here.
...
2. No Illegal Content
Content that violates the law. Any post/comment found to be in breach of common law will be removed and given to the authorities if required.
That means:
-No promoting violence/threats against any individuals
-No CSA content or Revenge Porn
-No sharing private/personal information (Doxxing)
...
3. No Spam
Posting the same post, no matter the intent is against the rules.
-If you have posted content, please refrain from re-posting said content within this community.
-Do not spam posts with intent to harass, annoy, bully, advertise, scam or harm this community.
-No posting Scams/Advertisements/Phishing Links/IP Grabbers
-No Bots, Bots will be banned from the community.
...
4. No Porn/Explicit
Content
-Do not post explicit content. Lemmy.World is not the instance for NSFW content.
-Do not post Gore or Shock Content.
...
5. No Enciting Harassment,
Brigading, Doxxing or Witch Hunts
-Do not Brigade other Communities
-No calls to action against other communities/users within Lemmy or outside of Lemmy.
-No Witch Hunts against users/communities.
-No content that harasses members within or outside of the community.
...
6. NSFW should be behind NSFW tags.
-Content that is NSFW should be behind NSFW tags.
-Content that might be distressing should be kept behind NSFW tags.
...
If you see content that is a breach of the rules, please flag and report the comment and a moderator will take action where they can.
Also check out:
Partnered Communities:
1.Memes
10.LinuxMemes (Linux themed memes)
Reach out to
All communities included on the sidebar are to be made in compliance with the instance rules. Striker
I'm refinancing this terrible loan and the bank person grimaced when they saw this.
I was sold a car with a 14% interest rate after being told I wouldnt be charged for interest if I paid it off in the first month, so I could pay it off when my CD popped that week. The bank then told me that I had to wait to pay it off until it "appeared in their systems". Turns out that happened right when interest ticked! Funny how that works
I seriously pray every single day that nuclear war breaks out or that a fucking astroid just hits me right on my head when I'm on the way to my car.
Interest rates above like 10% should be illegal.
Wait until you see the payday loan usury rates!
I've gotten mail that have checks that you can immediately deposit if you're in a pinch, but when you need to pay it back the APR on them is 89% 💀
hey millenials: car dealers are not a good choice of bank. please tell your generation about credit unions: https://www.logixbanking.com/rates/vehicle-loans
And maybe buying something that isnt sold by a dealer....
As a non-American it seems wild to me that you would take out a loan for a car.
As a European it seems wild to me that my peers would pay a loan for a car. But they do. That's crazy...
"American" here. We are obsessed with financing depreciable assets.
We are also obsessed with appearances and status.
I'm sure you can see from this thread some of us cannot comprehend driving a $5000 car. They will whine and come up with tons of excuses for why that just cannot happen.
I cannot comprehend owning a $5000 car.
That's insane that some people have up to 5k to spend.
We don’t - hence the loan
I bought my 2008 Toyota Sienna for $4500. I talked him down from $4900.
It had:
I bought that van because 1) it was a really good price, 2) engine and transmission are in really good shape, 3) rust-free, and 4) I knew what most of its issues were before I bought it and was able to fix it all in my garage.
Also, I have 5 kids, so the minivan was a necessity. $5000 is the bare minimum for a family car these days.
Where are you that cars are affordable to a point where this is an usual thing?
Yeah, u buy a used one for like 2,000 - 3,000€. Or you lease. But taking on a loan with 16.9% interest would not cross my mind.
If i cant afford a car, then i aint buyin one.
(This post was presented to you by "living in a livable city" Gang)
it's extremely rare to find such a cheap used car. my partner spent $8k on one that lasted a year. also, you might be surprised to learn that driving isn't optional in most of the US - it's literally impossible to live without a car. I live in a suburb. it's several miles of dangerous roads to get to a grocery store. there is no nearby public transit. even large cities like LA were completely designed around cars. zoning and urban planning here completely screwed us.
yes, it sucks, yes I'm aware, yes I'd love to live in a walkable European city with commuter rail and cafes on the street corner, no I don't have a choice.
Buy the car you can afford. If you can't buy it outright or make a significant down payment (20-30%), don't take out a loan, look for a cheaper option. Those interest rates are insane, I'm amazed how anyone would accept them.
Americans are bad with money.
Country is car centric. You can not live here without a car. It’s next to impossible. Especially for the handicapped. They can’t get anywhere easily without personal transportation. We suck at mass transit.
And if your handicap is the vision test you’re just stuck
Is cash for a beater car no longer an option? I don't want to be a "less avocado toast more bootstraps" person but a loan for a used car sounds wild to me. Maybe I'm out of touch. My vehicle is old enough to drink
Cars have been expensive for a few years now, bought an 08 Subaru in 2020, it's worth more now than what I bought it for.
I paid 1k for my shitty pickup in 2018, it's in worse condition than when I got it, and about 100,000 more miles on it.
It's supposedly worth 3500 now. It needs about $300 worth in parts alone to get it into what I would consider a condition worth buying.
I don't understand.
Shit, a working pickup? Could probably get people to bid on that and make more. New pickups are absurdly expensive
I have a good '08 car that I bought with cash 10 years ago for $3000. I got it from a guy who exclusively sells and fixes this model of car. I went back last year to get my car fixed and looked at the cars he was selling. '08s were starting at $5000.
Not often. Used cars, at least where I am, are all pretty pricey, and with rent and shit being out of control, I'm not surprised younger people can't afford to save enough to buy one outright. I'm lucky to be older and I bought my current car at 0% interest in 2012. I'm keeping it until it gives up because I know we'll never see that kind of deal again.
Cash for clunkers removed a significant portion of the used cars from the market. It was a while ago but its effects are still very much being felt even if people don't realize exactly what it is.
there are a lot of used ~2018 to 2022 cars on the market with not a lot of miles, most go for around $20k (like what I got). True beaters still go for like $10k.
I would strongly advise against drinking your vehicle regardless of how old it is.
Personally, I agree with your mindset, but I'm pretty handy with fixing/maintaining my own vehicles. For someone needing something to reliably get back and forth to work/school/daycare, I understand why people don't go this route. Shop lead times have skyrocketed in the last few years, as have repair prices. Sometimes you just need something you don't have to worry about.
a loan for a used car sounds wild to me.
Predatory car loans has entered the chat.
I don't know about Carvana, but plenty of scummy dealers will give insane rates to people with no credit check, repo the car while they're still underwater on the loan, and sell it to someone else. You can have two or three people paying off the same car.
Oh, also, they somehow encourage the most gullible people who can't afford their loans to just let the car get reposessed instead of attempting to sell it back to the dealer.
Check with and get pre-approval from a credit union or two near you. Go with that pre-approval for the car you want.
Rarely do the dealers find or provide a better deal. DON'T let them focus you on your monthly payment. Look at the complete picture.
Carvana is a sister company of drivetime. Drivetime's target customer base is sub-prime. Putting 2 and 2 together, this doesn't surprise me at all. Their lowest interest rate might be 16% (for their target customer base) and goes upwards of 30%
Wait until you hear about mortgage in Russia
26% APR. On a mortgage. No, seriously.
Try a credit union?
yep, that's what I'm doing. They're offering 7% with EXACTLY THE SAME PARAMETERS AS CARVANA.