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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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HeyJoe@lemmy.world
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8 hours ago
But only 1 retains it’s value. 10 years in and that car is worthless.
- real_squids@sopuli.xyz
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  Depends on the car, if you look at land cruisers for example, they hold their value insanely well

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