Vast majority of new car sales will not let the new owner make more money and were financed with debt.
If all of those buyers bought used for cash, nobody would be able to afford used cars for cash.
It really is only businesses that can convert debt into income, most consumers do not want to. There is nothing I can spend on to get a higher hourly rate.
If all of those buyers bought used for cash, nobody would be able to afford used cars for cash.
It really is only businesses that can convert debt into income, most consumers do not want to. There is nothing I can spend on to get a higher hourly rate.