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Quoted By: >>13762473 >>13762748 >>13762778 >>13762840 >>13762852 >>13762869 >>13763135 >>13764436 >>13764465
What if we changed the way cars were bought and sold.
For a brand new car with 0 kilometres m you would pay $0 but you pay $200,000 in new car tax.
If buying a used car you would pay however much the car has on it in kilometres. 60,000kms = $60,000. 120,000kms = $120,000.
You would of course have to take out a loan similar to a mortgage but I believe it would keep people from spending so much and going into debt. So a brand new car would cost $1000 per month and a used car would still cost around 500 or so per month. The loan term would just be like a mortgage at 30 or so years and you would be encouraged to drive it so you get more money back sooner.
Would you be ok with this business model?
For a brand new car with 0 kilometres m you would pay $0 but you pay $200,000 in new car tax.
If buying a used car you would pay however much the car has on it in kilometres. 60,000kms = $60,000. 120,000kms = $120,000.
You would of course have to take out a loan similar to a mortgage but I believe it would keep people from spending so much and going into debt. So a brand new car would cost $1000 per month and a used car would still cost around 500 or so per month. The loan term would just be like a mortgage at 30 or so years and you would be encouraged to drive it so you get more money back sooner.
Would you be ok with this business model?
