Hell, as soon as your sign the contract on a new car and drive off the lot, you’re technically ‘under water’. Everyone knows that.
Regarding value, a loan for a new car is financially about the most stupid thing someone can do. You pay tens of thousands of dollars for something that depreciates monthly, and when it’s paid off, you can barely GIVE the thing away. If you’re gonna do that, the best thing you can do is drive it until it literally falls apart.
The above philosophy is a car dealer’s, the bank’s, and the auto industry’s worst nightmare, because they want you trading in every 3 or so years, and having a car payment for the rest of your life....
“The above philosophy is a car dealer’s, the bank’s, and the auto industry’s worst nightmare, because they want you trading in every 3 or so years, and having a car payment for the rest of your life....”
The full plan of Extortion-Care. Trafficking
Because it’s all about buying and selling human flesh as Body Mortgages by “insurance”-”banking”. To be bought, sold, and traded, like animals, as the next Mortgage Backed Securities. Trafficking
Which is why Extortion-Care was bribed through, the ponzi MBS backstop. Trafficking in the selling of Human Body Mortgages by so called “insurance-banking.”
The new MBS, leveraged to any amounts, to any forced deductibles, any forced premiums, any forced coercion taxation, any forced account seizures. The selling and trafficking in Human Body Mortgages