News@lemmy.worldEnglish · 1 year ago

Americans can no longer afford their cars

www.newsweek.com

124

cross-posted to:
personalfinance@lemmy.ml

378

Americans can no longer afford their cars

www.newsweek.com

Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 1 year ago

124

cross-posted to:
personalfinance@lemmy.ml

Just 10% of new car listings are currently priced below the $30,000 mark, after years of price increases have made vehicles unaffordable to millions.

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What’s a better metric?
- AnneBonny@lemmy.dbzer0.com
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  Comparing the amoritization of paying off a loan to the amount of debt held.

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