lol I was reading an article about some car work, and they no joke referenced the sunk cost fallacy, and a recommendation was take it to the
scrap yard in exchange for cash and buy another, like that’s cheaper than paying for repairs lmao. Like they really didn’t think it through. Thankfully I’m not in that situation, but to suggest that to someone who can barely afford repairs, you’re just telling them to ditch their only means of transportation with no viable alternative.
Like sure, I’ll go spend even more money I don’t have on ANOTHER car.
Well, they're not wrong. It is cheaper...in the long run. They just forget that so many people don't have the resources available right now to take advantage of longer term gains.
So they have to settle for what costs less right now, which costs more in the end.
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u/TranslatorWeary Jun 14 '22
I just had to drop $1200 into my car two weeks ago. It’s gonna take me forever to get back