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How many people do you think, realistically, would risk tying up $30k+ for more than 5 days dealing with return processing to take a car on a road trip? Do you
by jowday 6y ago
How many people do you think, realistically, would risk tying up $30k+ for more than 5 days dealing with return processing to take a car on a road trip? Do you really think that's more likely than excess returns due to quality issues?
- srtjstjsj 6y agoEh, rich people can be both high liquidity and fickle. Maybe you get an annual bonus that puts $30K in checking, and you lend that to musk for a week.
- maccard 6y agoMy credit card has a limit of just shy of £30k (insanity, I know). In the UK (and I'd bet in Europe) there's a 14 day cooling off period on all financing. You could take out a £30k car loan, drive it for a week, and cancel the loan?
- FireBeyond 6y agoMost (all) dealerships are not going to let you pay for a 30K car on credit card without someone soaking up the 3% merchant fee.