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Re: Playing devils advocate to the devil (semi-rant).
Posted by Saabjockey (more from Saabjockey) on Thu, 25 Mar 2004 12:50:46
In Reply to: Playing devils advocate to the devil (semi-rant)., JD From LA, Thu, 25 Mar 2004 00:06:30
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People who get in the habit of making car payments actually end up in a catch 22 situation. Because they are making the big payments they can't afford to maintain their car. By the time it has 60 or 70K on it, it needs a bunch of repairs that they can't afford, which feeds their perception that it's becoming unreliable. They are petrified of the possibility of an expensive repair because they don't have any money-- and the reason they don't have any money is because they are always making big car payments. So they trade it in and start all over again. Even if it does occur to them that it would be cheaper to pay cash for a $2000 to $5000 car and fix it ocassionally, they never can get enough money togather to do so because...you guessed it--they always have big car payments. On top of that they don't know how to maintain or repair a car economically because they've never done it. Unless you have money to burn, there's a name for such behavior--it's called insanity.
posted by 24.247.1...
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