You know what would be terrible? Terrible in a sort of dystopian, capitalism-run-amok sort of way? Imagine buying a brand-new, fancy, premium-grade car. From an automaker with a respected name. Like, say, BMW. This is a machine with some status! Let’s say it costs, oh, $61,500, and you’re paying, what, about $1300 a month? Something […]
I call it a car subscription, and it’s for people who make poor financial decisions. It’s better to buy a car you can afford, pay it off, and own it until it becomes unsustainable to keep it running.