ChooseGreen
Member
if someone can't afford the extra $14k in financing, they don't get the car. Simple as that, and I'm not going to shed any tears for them. If someone's finances are so *sugar* that an extra $14k on a 4 year car loan means they don't qualify, they shouldn't be buying the frigging car.
Why is everyone so entitled. Another case is people are doing everything they can to dodge the new mortgage rules...you know, the rules in place to prevent people from getting stretched in debt to buy a house that could see its value drop 20-30%...or that could see their mortgage renew at much higher rates.
Nobody heard of having a financial buffer in place?
I hear this argument often and it is very short sighted. The most I am comfortable paying for a car is $x. If a $14k rebate brings the price of car below $x, then I will buy it. If it the price of the car with the rebate remains above $x, then I will not buy it.
In my situation, the $14k rebate on the base model brings the final price of the car below my $x. Therefore I will not buy any options and I will not buy the car if I don't get the rebate.
This has nothing to do with buffer, this has nothing to do with financial management, this has nothing to do with entitlement, this has nothing to do with loan qualification. This is simply a matter of the rebate reducing the price of the car to a point where I am comfortable paying it.
Please stop throwing this argument around and making poor assumptions about others' financial decisions.