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A comment on Ask HN: How can I convince my friend not to buy that new car?.

Re:Ask HN: How can I convince my friend not to buy that new ... by nurettin on Friday July 13, 2018 @07:31AM (#17521997)
Paying things with credit instead of savings is a /terrible/ mistake?
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Re:Ask HN: How can I convince my friend not to buy that new ... by stevekemp on Saturday July 14, 2018 @12:34AM (#17528837)
Paying 15% interest is a terrible mistake, yes. Especially for a depreciating asset like a car.
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Re:Ask HN: How can I convince my friend not to buy that new ... by nurettin on Saturday July 14, 2018 @03:39PM (#17531973)
Depreciation is a concern if you are intent on selling said asset. If the credit deadline is one year, said friend will only pay 15% more and get to actually drive the car. That doesn't sound much like a terrible mistake, I've seen much worse.
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