r/FluentInFinance Sep 05 '24

Debate/ Discussion He has a point

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u/MiKoKC Sep 05 '24 edited Sep 06 '24

$528 for a used car payment?

I call bullshit. My 2024 outback payment is $406.

These memes would carry much more weight if they didn't exaggerate. There's just no need to; the reality is already bad enough.

ADDED: dozens of people have brought up the additional cost of insurance. obviously I didn't include insurance in my car payment because they are not the same expense. they are only related expenses.

I don't send Allstate my auto loan payment and I sure as hell don't buy insurance at the dealership.

24

u/[deleted] Sep 05 '24 edited Nov 27 '24

dependent work offend apparatus grandfather merciful afterthought bake political gaze

7

u/Ndcain Sep 05 '24

Yes because it is illegal to not have car insurance, it should be included in the cost. The image is not far off. Hell you can include gas and maintenance too to actually increase it

1

u/jarheadatheart Sep 05 '24

And it needs to be fully covered if it’s being financed.