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651

That is ridiculous.

Archive: https://archive.today/pEVgg

From the post:

>A lot of us grew up in a world where a car payment that could rival a mortgage was the domain of luxury-car buying. These days, the gap in finance costs between the two appears to be shrinking rapidly for everybody. At the end of Q3, the average monthly new-car loan payment in the United States ticked up to $748. Says who? Some random finance company you’ve never heard of? Ah, no. This time, it’s from Experian—the folks who can see your credit reports. I’m going to go out on a limb here and say their data on this sort of thing is probably pretty good.

That is ridiculous. Archive: https://archive.today/pEVgg From the post: >>A lot of us grew up in a world where a car payment that could rival a mortgage was the domain of luxury-car buying. These days, the gap in finance costs between the two appears to be shrinking rapidly for everybody. At the end of Q3, the average monthly new-car loan payment in the United States ticked up to $748. Says who? Some random finance company you’ve never heard of? Ah, no. This time, it’s from Experian—the folks who can see your credit reports. I’m going to go out on a limb here and say their data on this sort of thing is probably pretty good.
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[–] • 5 pts

Then don't buy a new one.

blacks will never understand this.

[–] • 0 pt

A lot of white people too. I have seen way too many dumbasses with Silverados and F150s with $1400/month payments. No way I pay more for a car payment than my house payment.

[–] • 0 pt

Fair.

I would never do that either.