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

[quote=“kthejoker, post:31, topic:102055, full:true”]
LOL at “unreasonably” high. Cars are priced by the market, they’re extremely rational in that regards.
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Well rational is, as always a dumb word to describe markets run by humans but that is not really the point I was making. I was talking about the most affordable way to own a car was to but a reliable economy car and drive it as long as possible rather than leasing a new luxury car every three years. In that context I was pointing out that used cars are often not a good value. A 3 to 5 year old Camry or similar will be cheaper than new, but often not enough to make up for the fact that you lose out on the “best” most trouble free, warranty covered years and losing out on three years of safety advances while getting a car whose history you don’t know and whose previous owner probably drove like they only intended to keep it a few years.

It may be the market price but it doesn’t mean it is always a good value compared to a comparable new car.