Damus
nostrich profile picture
nostrich
I personally know someone who recently went to buy a car at a local dealership. She picked out a car and told the salesman she'll take it. He starts preparing the loan documents. She says no thanks, I'll pay in full now...no loan.
He was pissed and acted like he didn't even want the sale. He was SELLING THE LOAN. I wonder how much more they make from the financing. I will look this up and find out. If anyone knows, let me know.

This was a brand new vehicle. They are selling debt slavery.

#nostr #finance #debt #btc
1
HoylesPattern · 31w
Duh! They’ve been doing this for decades. Their money is not made by selling cards but through finance, optional extras, car protection, servicing at the dealership. Extended warranties now being offered are quite often tied to dealership servicing and not actually related to the quality and re...