If only we had invented and built some sort of alternative mode of collective transportation. Maybe it could be in tunnels and ride on metallic rails. It would serve many people and make periodic stops to the same locations instead of the highway clusterf- we have today. Sad that we don’t, but a man can dream though. A man can dream.
The average American car payment right now is like $670 per month. Its truly absurd. Its no surprise that people are drowning when you look at what theyre paying to have this or that.
Even more shocking is the amount of people buying their next car while still underwater on the first one. A large number of people are rolling $10k of prior vehicle debt into the purchase of a vehicle, driving up their monthly even further
You have gotta be shitting me.
I thought I was being unreasonable for playing around with the idea should I figure out a way to save up the $30k for a midlife crisis car.
And here people are already paying that premium while in debt with another vehicle. So they roll over the debt. Now, I’m not exactly sure why the people bought a new rolling death machine, but it sounds a lot like a significant lack of reason.
He’s not. I bought a Subaru with an 820 credit score and still couldn’t get less than like a 6% APR through my own shopping and dealer even looking. This was a year ago. My payments are in the 500 range though.
Thankfully my other car is paid off and we’re in a position to afford the Subaru without issue. It’s become my wife’s daily while I drive the paid off Hyundai.