That’s part of why I bought now. Life forced this on me, so I had to take the bad deal now and then refinance.

Thanks for clarifying this. I know the EU does a lot of things better but I was confused about how you’re paying €5k for a good vehicle lol

The process of dying involves lots of debt too because of our corrupt funeral and burial industry

Providing loans is a major part of a bank’s job though? Like yes it’s wrong that we need loans for necessities like transportation, education, healthcare etc, but even if all those were unnecessary banks would still need to provide loans so that people can start businesses or build houses.

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.

yep, that’s what I’m doing. They’re offering 7% with EXACTLY THE SAME PARAMETERS AS CARVANA.