20% of american buyers are spending over $1000 a month on car loans. 22.4% of new loans were 84 months or longer. It means someone who buys a car today will be paying it off until July of 2032
20% of american buyers are spending over $1000 a month on car loans. 22.4% of new loans were 84 months or longer. It means someone who buys a car today will be paying it off until July of 2032

A $1,000 Per Month Car Loan Is The Norm Now - Jalopnik

Car dependent infrastructure is indentured servitude with a shit load of extra steps