return2ozma@lemmy.world to News@lemmy.world · 8 months agoAmericans Are Falling Behind on Their Car Paymentswww.fool.comexternal-linkmessage-square194fedilinkarrow-up1321arrow-down116
arrow-up1305arrow-down1external-linkAmericans Are Falling Behind on Their Car Paymentswww.fool.comreturn2ozma@lemmy.world to News@lemmy.world · 8 months agomessage-square194fedilink
minus-squarethedevisinthedetails@programming.devlinkfedilinkarrow-up48arrow-down1·8 months agoWhile I agree cars themselves are just insanely expensive. A $25k car has you at $450+/month and this is if you have excellent credit. We need other options besides cars and unfortunately they’re the only option for many people.
minus-squarejrbaconcheese@yall.theatl.sociallinkfedilinkEnglisharrow-up36arrow-down1·8 months agoPeople choose $80k cars on 5-7 year notes because “they can afford the payment” thinking that means they can afford the car.
minus-squarewrath_of_grunge@kbin.sociallinkfedilinkarrow-up9arrow-down2·8 months agothere are a great many cars to be had for less money. maybe people shouldn’t buy cars that cost half their yearly wages?
minus-squareFrostyTrichs@lemmy.worldlinkfedilinkarrow-up4·8 months agoThere are some people in the US financing cars for 7-10 years. Half their yearly salary is actually more like 2x their yearly salary for many of them.
minus-squareCADmonkey@lemmy.worldlinkfedilinkarrow-up3·8 months agoBut if I drive a Mirage the neighbors will make fun of me.
minus-squareNightAuthor@lemmy.worldlinkfedilinkEnglisharrow-up2·8 months agoDrive a Prius, all the cool kids are. Gen 2 makes you look kinda poor, but you still get green points. Gen3+, ur golden
minus-squareCADmonkey@lemmy.worldlinkfedilinkarrow-up2·8 months agoI actually have a mirage. The only neighbor who makes fun of me is the guy next door, he has a truck, maybe if he tries real hard it will run one day. Someone picks him up for work in a gen-2 Prius.
minus-squareNightAuthor@lemmy.worldlinkfedilinkEnglisharrow-up2·8 months agoLmao, I wish him luck with his truck.
While I agree cars themselves are just insanely expensive. A $25k car has you at $450+/month and this is if you have excellent credit.
We need other options besides cars and unfortunately they’re the only option for many people.
People choose $80k cars on 5-7 year notes because “they can afford the payment” thinking that means they can afford the car.
there are a great many cars to be had for less money.
maybe people shouldn’t buy cars that cost half their yearly wages?
There are some people in the US financing cars for 7-10 years. Half their yearly salary is actually more like 2x their yearly salary for many of them.
But if I drive a Mirage the neighbors will make fun of me.
Drive a Prius, all the cool kids are. Gen 2 makes you look kinda poor, but you still get green points. Gen3+, ur golden
I actually have a mirage. The only neighbor who makes fun of me is the guy next door, he has a truck, maybe if he tries real hard it will run one day.
Someone picks him up for work in a gen-2 Prius.
Lmao, I wish him luck with his truck.