It means a lot are driving cars they can’t really afford.
Say you buy a car for £40k, finance it on PCP and you effectively make payments against a £20k loan. At the end of the agreement, you can buy the car for the remaining £20k, or hand the car back. Often the car will be worth £20k-£25k. Most dealerships will say ‘hey you can just take this new car’ and they get a £25k car for £20k. Dealerships make more sales of new cars and make more on the 2nd hand cars. Meanwhile those paying don’t actually own anything at the end and have continuous payments.
The only saving grace is if the car is worth less than the outstanding amount. If the car is worth £16k and you have £20k outstanding, you can just hand the car back and walk away. You aren’t obliged to buy the car or take out a new loan.
You can also pay off the finance yourself for the £20k, then sell that car on to get the £25k. But no one does because it’s not convenient like just taking a brand new shiny car.
Well I get in, plug in my phone and put on my belt. That’s maybe 15 seconds. Then I turn the key and wait for the glow* plugs to warm up, so that’s another 5-10 seconds.
Most countries also have these taxes as well as income tax. I believe the question was was is the percentage of the population paying income tax so low?
+1 for iPhone. Is it as private as GrapheneOS? No. Is it more private than almost all out of the box android phones? Yes.
Apple still use a lot of your data, although they at least claim to anonymise most of it. But that data stays internal to try boost more apple sales, and isn’t sold to other companies. I’d rather 1 company have my information than 100.
Any apple apps you don’t want are easily removed once it’s set up and they don’t come back with updates etc.