boem@lemmy.world to

Technology@lemmy.worldEnglish · 2 years ago

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

625

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

boem@lemmy.world to

Technology@lemmy.worldEnglish · 2 years ago

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

Chat

steelrat@lemmy.world
link
fedilink
English
arrow-up
14·
2 years ago
It’s just a $1300/mo payment. What’s the big deal?
- not_that_guy05@lemmy.world
  link
  fedilink
  English
  arrow-up
  1·
  2 years 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.

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

6K users / day
10.5K users / week
18.1K users / month
37.8K users / 6 months
1 local subscriber
70K subscribers
14.8K Posts
618K Comments
Modlog