20% of american buyers are spending over $1000 a month on car loans. 22.4% of new loans were 84 months or longer. It means someone who buys a car today will be paying it off until July of 2032
20% of american buyers are spending over $1000 a month on car loans. 22.4% of new loans were 84 months or longer. It means someone who buys a car today will be paying it off until July of 2032
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A $1,000 Per Month Car Loan Is The Norm Now - Jalopnik
