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In the end, the KIA car company made its cars into subscription models, I really hate this because in the end the car we buy with our own money doesn't feel like it belongs to us. Should we finally buy an old school car ? so as not to be affected by this subscription models or is there a way to crack the software installed in it ?
96 month 9% auto loan 🤮 might as well flush your money down the toilet.
Yeaah all those $80,000 F150s and Silverados you see on the road?
Bubbles gonna pop real soon. Those are all on 10 year loans…
Jesus, for that amount I can buy a house in Sweden.
I definitely agree, but I went with the option which would have the lowest monthly payment. On the other end local rates have a 36 month loan at 6.75%, but that's $1,800 per month.
A cheaper car would've worked.
You're paying over 18k more for the car with interest over the life of the loan while it will be losing half its value.
The example is the Telluride though? That's the whole point. Of course any sane person would pick a cheaper car. For that matter why would you ever buy a brand new car?