Britain's preferred car-loans are incomprehensible financialized garbage: what could go wrong?

I’m also at a loss as to why anyone would bother. 1500 quid can buy you a lot of second hand car in the UK, and if you’re prepared to go to £2k, even more. You can get a nice used Lexus IS or a Jag x-type for that, drive it for 3 years, sell it for enough to cheer you up about the whole process and then buy another one (ok, the Jag might break horribly, it’s pot luck. Lovely comfy seats tho).

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