Originally Posted by WTM45
Yes, but the debt is linked solidly to an asset. That asset is depreciating, and there are significant costs in transactions.


All true...... but it is the buyer that chooses to link them. It's actually legal in this country to buy a car, heck, even a house, without slapping on the shackles of debt.

Anyone that utters "I had to take out a loan" should automatically get a noogie.....


Sic Semper Tyrannis