Buying a Car

My wife and I are out looking for a new car. The one we have is a 22-year-old Opel Corsa. What we found was a brand-new Dacia Sandero. That's quite an upgrade. However, there's a problem.

The lady who showed us the car has now told us that they only sell it on credit. We can't pay for the car in full.

But we're not buying anything on credit. It's a matter of principle. We wouldn't even buy a house on credit, so why buy a car that way? We told the lady that we either buy the car without credit, or we won't buy it at all. The answer was that we had to look for some other car. They don't sell their cars to people like us.

I wouldn't have believed this story if it was told to me, but here we are. The car we were prepared to buy is still in the showroom waiting for someone poor enough to buy it.

It appears that the world has gone full credit-crazy at this point. No-one is to own anything without being in debt. That means that everyone in effect is to be a renter. Nothing is to be owned by anyone but the corporations. Even car producers no longer sell their cars. They rent them out. Customers only get to drive their cars if they promise to pay in instalments with interest.

If anyone defaults on their loan, the corporation comes and takes the car. It's returned to the dealer only to be rented out to someone else.

This appears to be the future they have in store for us. However, there are still people out there willing to be paid in full, and my wife and I will just have to look a little farther afield in order to get what we want. It won't be the Dacia that we found. It will have to be some other car.

Since we have most of our savings in real money, as opposed to the fake stuff that people call money these days, we are in no rush to buy. It's not like our money will suddenly evaporate into nothing, as happened to the German Mark a hundred years ago.

Sovereign

By Heritage Auctions for image, Mary Gillick for coin - Newman Numismatic Portal, Public Domain, Link