r/facepalm • u/thenewyorkgod • Apr 28 '24

🇲​🇮​🇸​🇨​ Some people have zero financial literacy

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u/Waderriffic Apr 29 '24

I live in an area with more families and fewer retirees so I see endless fleets of Suburbans, Tahoes, Grand Wagoneers and Expeditions all day every day. These all can range from 70-100k. Then tons of dudes driving brand new Sierras (Denali of course), Silverados and F-150s. These are also the same people that complain about how expensive gas is.

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u/HASHTAGTRASHGAMING Apr 29 '24

They also complain about the cost of their registration. I drive an 01 2500HD with a duramax, and it only cost me $150 a year to register.

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u/Cremilyyy Apr 29 '24

Woah your registration is based on the cars value? Another thing I didn’t know was different!

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u/[deleted] Apr 29 '24

Used to be the same in my state (georgia), we paid a tax based on the value of the vehicle every year to renew the tag.

Now though, we pay a tax like that but only the first time we register it. Every renewal after that is $20 or $25 dollars.

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u/Cremilyyy Apr 29 '24

In Australia its a flat rate, around $800-$900 (AUD) per year, in my state at least, others may be a bit cheaper

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u/[deleted] Apr 29 '24

Ouch, fuck that!

You have my condolences.

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u/Cremilyyy Apr 29 '24

I’ve never thought about it being a lot, like that’s just what it is, you don’t think about there being an alternative. Although I feel like 15 years ago it was more like $700, so I’m pretty sure it has gone up over the years.