More Than 1 in 5 New Car Buyers in the U.S. Are Taking Out Loans of 84 Months or Longer

www.roadandtrack.com

cross-posted to:
latestagecapitalism@lemmy.world

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More Than 1 in 5 New Car Buyers in the U.S. Are Taking Out Loans of 84 Months or Longer

www.roadandtrack.com

return2ozma@lemmy.worldBanned from community to

News@lemmy.world · 7 months ago

cross-posted to:
latestagecapitalism@lemmy.world

More Than 1 in 5 New Car Buyers Taking Out Loans of 84 Months or Longer

www.roadandtrack.com

A rising percentage of American new car shoppers are stretching out their payments for seven years or more.

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HeyJoe@lemmy.world
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7 months ago
But only 1 retains it’s value. 10 years in and that car is worthless.
- MinnesotaGoddam@lemmy.worldBanned from community
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  My prius cost nothing when I got it and it’s still worth shit

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