If it’s cheaper than a Camry, why not?

If you want to travel to Europe, the best time to book your ticket is between 1.5 month and 8 months from your travel date

You already have the ability to have a vehicle you’re looking at inspected by a third party, assuming you’re willing to pay that third party for their services. And if the dealer says no that’s a pretty obvious signal that you should be looking elsewhere.

You’re derailing. Point is, having a reliable car is a necessity in the overwhelming majority of the country and for some people the only means of obtaining one is through a high-interest loan.

Why not just buy that $2,000 used car?

I’m pretty sure the total interest paid and the payment amount is already required to be disclosed by law.

If 25% is what we’re talking about here then you and I are in agreement.

My gut reaction when reading this was that you shouldn’t be using your work laptop for personal stuff.

The shadiest places might go under, but other shady dealers would take their place and charge whatever the maximum is. They will still make money screwing poor people, but with limits, at least when using outside lenders for loans.

That really depends on what you consider to be “insane finance charges.” Some states cap rates at 10% and I’ve seen some comments here expressing support for that figure. But I don’t think it’s at all inconceivable that a high-risk lender who’s only worth loaning to at say, 15%, could accept a loan at that rate and…

Whether you consider it to be a propagandized ideal or not, price controls are often known to exclude people from the market to which they’re applied.

If I’m not mistaken, federal law already requires them to disclose total interest over the life of the loan. You don’t need a degree in mathematics to add that on top of the base vehicle price and come up with a total.

Careful what you wish for. If a high-risk individual is seeking a loan and is only worth lending to at a >10% rate, you’d be effectively excluding them from the market. Instead of having the option of getting a high-interest loan, folks with poor credit and low income might not be able to get a loan at all.

I was a part-time city bus driver during college. They had floor-mounted turn signal controls that took some getting used to.

Millions of miles completed without any major incident would suggest otherwise.

Police chief mischaracterized the situation. I’ll concede that Uber’s car and safety driver both should have done better here. Given the mileage they’ve covered and the fact that this is their first major incident, I wouldn’t go so far as to call it a stupid robot.

This is the key sentence. They’re not “just around the corner”. They’re not 5 years away. They’re 10+ years away, being optimistic.

Pretty sure the chief of police would have mentioned that in the press conference if it were the case, instead of suggesting the pedestrian was at fault and that any human driver would have had a tough time reacting quickly enough.

The car was driving itself, that’s why. Why are you blaming humans for doing human things?

Because people don’t watch the road when they are driving, let alone when the computer is driving for them.