Tuesday, March 15, 2005

Hell's gates are guarded by car salesmen

Henry Ford was an innovater. He pioneered the asembly line, the interchangable part, and the standard work week we know today. But he was also an evil man, who through greed and his devious idea, signaled the end of the financial well-being of the country.

Yes, it is true, The Ford Motor Company was the first to allow customers to purchase vehicles on credit. The evilness of this action affects all of us.

What does a car really need to do for you. Get you from point a to point be, right? What does a house really need to do for you? Provide you shelter right? Than how come it is that you can live in a house for thirty years, often not changing a thing, but after 3 years in a car you are itching to trade it off. This I find really odd as the one that would stand the best chance of being profitable if sold, the house, is the one you don't sell. And the car, which is unquestionably a bad investment no matter what you buy, we continue to trade and sell, making the next one an even worse investment.

What? You don't think a new car is a bad investment? If you buy a new car the first year to two year you pay on it you pay primarily interest. By the time you start paying on the principle, you are actually paying for the depreciation. After to pay for that, you pay on the principle. By then, no doubt, you have already traded it.

What other purchase are you willing to spend that much money on, with no hope of even getting half of your money back, will paying even more to keep it up and insure it?

Which leads me to why car salesmen guard the gates of hell... because they are the only people who can convince you that you got a good deal by being there.

3 Comments:

Blogger Kel said...

My car turns 10 this year, has nearly 200,000 miles on it, and doesn't run. Or start. But it's paid for!

10:42 AM

 
Blogger jake said...

give you $10 and a square meal for it!

1:24 PM

 
Blogger Kel said...

Droll... very droll...

1:50 PM

 

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