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brah gotta stop bringing that book lernin isht rownd her, yer...

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barewitness

528 Posts.

5

11/02/24

21:59

Post #: 72350511
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Originally posted by madamswer: ↑

“In recent years the RACV has increased the cost of insurance on my 2014 model car from $466 with a $400 Excess in 2016 to $618 with a $700 Excess 12 months ago. That's a 32% increase”

What is it about you neo-Marxist types and your predilection for financial illiteracy?

A 32% increase over 8 years equates to an average annual increase of 3.6% per annum. That’s basically in line with the rate of inflation.

And besides, the RACV is a mutual organisation.

Which means it is owned by its members, i.e. you.

So the extent you are being gouged, well the beneficiaries of that gouging are the owners of RACV; in other words … er … you.

Unwittingly, you have gouged yourself.

And even worse: your being an owner of RACV, means you have effectively reported yourself to the ACCC.

Been a while since I’ve enjoyed a laugh at something as ludicrous as this.

Truly priceless stuff.

Ahahahahaha…

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brah gotta stop bringing that book lernin isht rownd her, yer buzz killilin ma outrage
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