Quote:
Originally Posted by premier3is
If people are truly getting 10yr loans at 12% interest for a car... 1. You REALLY can't afford it and 2. You need to take some financial courses ASAP on managing money. 3. Get some help for how stupid you are.
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I completely agree if the person in question is buying/leasing a BMW/MB/Audi,Lexus, etc. But if the person is doing that on a basic economy car, that may be all that person can afford and the person may have no other choices.