• popcap200@lemmy.ml
    link
    fedilink
    English
    arrow-up
    1
    ·
    9 months ago

    They used to for cars, but obviously that’s a depreciating asset or w/e so it’s not really the same thing.

    • johannesvanderwhales@lemmy.world
      link
      fedilink
      English
      arrow-up
      2
      ·
      8 months ago

      Yeah that’s the definition of strings attached. If they’re giving you a 0% interest loan on a car, you can assume the profit margin on the sale is large enough to cover the interest, especially since car companies often own the finance companies.