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View Full Version : Annual value of Seniior Discounts?



Stephen Tashiro
06-15-2009, 10:59 PM
I wonder what the annual value of "Senior Discounts" is? I forget to ask for them, but kind cashiers often make the correct interpretation.

I'm thinking there should be some kind of (morbid) discount on cars and major appliances. The deal would be that if the owners of the product die before it is paid off, the company making the sale gets the product back. Most companies don't want the car or appliance back, but they would learn some way to profit from this if it became popular. The actuaries could tell them what to offer. It would be like an extension of the idea of "reverse mortages". I don't think the discount offered would be a huge sum.