boem@lemmy.world to

Technology@lemmy.worldEnglish · 1 year ago

More Than 80 Percent Of Americans Can’t Afford New Cars

cross-posted to:
technews@radiation.party

620

More Than 80 Percent Of Americans Can’t Afford New Cars

boem@lemmy.world to

Technology@lemmy.worldEnglish · 1 year ago

cross-posted to:
technews@radiation.party

Experts say you should earn $100K before buying a new car so you don’t spend more than ten percent of your monthly income on payments

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steelrat@lemmy.world
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1 year ago
It’s just a $1300/mo payment. What’s the big deal?
- not_that_guy05@lemmy.world
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  1 year ago
  $650/mo for the Corolla GR + full insurance = $850 with trade in and 5k down.
  
  For a $36k car thanks to dealer tax.
  
  No thank you.

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