• markovs_gun@lemmy.world
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    2 months ago

    At least in the US people routinely get predatory loans for cars with super long terms to make the monthly payment lower. A base model cybertruck is “only” like $70k so at 7.3% APR and a 7 year loan you can get that down to $900 a month, which is still a lot of money but some people make bad financial decisions of this level all the time, and I would imagine the people who would buy a cubertruck are more likely to be in this group than not.