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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 ?

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[-] Zannsolo@lemmy.world 13 points 5 months ago

96 month 9% auto loan 🤮 might as well flush your money down the toilet.

[-] highenergyphysics@lemmy.world 3 points 5 months ago

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…

[-] viking@infosec.pub 4 points 5 months ago

Jesus, for that amount I can buy a house in Sweden.

[-] Knightfox@lemmy.one 2 points 5 months ago

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.

[-] Zannsolo@lemmy.world 3 points 5 months ago* (last edited 5 months ago)

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.

[-] Knightfox@lemmy.one 2 points 5 months ago

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?

this post was submitted on 21 Jan 2024
1005 points (96.0% liked)

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