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News@lemmy.world · 10 hours 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 · 10 hours 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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PetteriPano@lemmy.world
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7 hours ago
Well, that’s no time to tale a loan for a new car.
- dazzlingclitgame@lemmy.world
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  New cars are more reliable than used and while it’s not a good idea to take loans when you’re broke, sometimes it’s the only option.

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