return2ozmaFeb 26

$1,000 car loan payments are on the rise, stressing household budgets

https://lemmy.world/post/43619546

$1,000 car loan payments are on the rise, stressing household budgets - Lemmy.World

Lemmy

Show threadLawnman23Feb 27

The lady bought a $51k Acura and the dude bought a $80k Ram.

These aren’t exactly “just trying to get by” vehicles. These are financially stupid people not wanting to work within their financial means for a vehicle. They wanted a too expensive for them “looks good so people don’t think I’m poor” vehicle and now are getting bit in the ass by it.

The article is making it out to be they are just trying to get by in life. Uh no.

Show threadroofuskitFeb 27
In fairness 51k ain’t even luxury prices anymore. Low end cars start at 30k now.
Show threadWoodScientistFeb 27
We bought a new 2025 Corolla for $24k.
Show threadroofuskit
Impressive, was it toward the end of the month?
Feb 27 at 8:05pmWeb
Show threadWoodScientistFeb 27
I don’t think so. That’s just the normal price for a basic new Corolla.
Show threadroofuskitFeb 27
So it is, maybe my memory is when things were at their worst, if I inflated it even more.