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News@lemmy.world · 4 days ago

More Than 1 in 5 New Car Buyers in the U.S. Are Taking Out Loans of 84 Months or Longer

www.roadandtrack.com

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More Than 1 in 5 New Car Buyers in the U.S. Are Taking Out Loans of 84 Months or Longer

www.roadandtrack.com

return2ozma@lemmy.world to

News@lemmy.world · 4 days ago

More Than 1 in 5 New Car Buyers Taking Out Loans of 84 Months or Longer

www.roadandtrack.com

A rising percentage of American new car shoppers are stretching out their payments for seven years or more.

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dazzlingclitgame@lemmy.world
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3 days ago
You’re missing the overall conversation as to why people are opting to buy new cars and opting for really bad loan terms to focus on small details.

There’s many reasons people are opting to buy new and one of them is how much more expensive used cars have become especially since Covid.

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