News@lemmy.world · 4 days ago

$1,000 car loan payments are on the rise, stressing household budgets

www.cnn.com

cross-posted to:
latestagecapitalism@lemmy.world

$1,000 car loan payments are on the rise, stressing household budgets

www.cnn.com

return2ozma@lemmy.world to

News@lemmy.world · 4 days ago

cross-posted to:
latestagecapitalism@lemmy.world

$1,000 car loan payments are on the rise, stressing household budgets | CNN Business

www.cnn.com

Record-high car prices coupled with high interest rates are leading to huge monthly car payments for many Americans.

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scoobford@piefed.blahaj.zone
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4 days ago
People spending that much on a car have no one but themselves to blame. Even on a 36mo loan, you can get several perfectly nice models brand new for half that. Less if you’re okay with a subcompact.

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