pipe on Nostr: People are paying almost as much for their car loans as I pay to rent a nice house. ...
People are paying almost as much for their car loans as I pay to rent a nice house. And for almost as long.
>>The average car payment for new vehicles was a record-high $725 in the first quarter of 2023, an 11.5% increase from the first quarter of 2022... The average auto loan term is 68.6 months for new cars, 67.4 months for used cars and 35.3 months for leased vehicles<<
https://www.lendingtree.com/auto/debt-statistics/Published at
2023-07-11 04:49:27Event JSON
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"content": "People are paying almost as much for their car loans as I pay to rent a nice house. And for almost as long.\n\n\u003e\u003eThe average car payment for new vehicles was a record-high $725 in the first quarter of 2023, an 11.5% increase from the first quarter of 2022... The average auto loan term is 68.6 months for new cars, 67.4 months for used cars and 35.3 months for leased vehicles\u003c\u003c\n\nhttps://www.lendingtree.com/auto/debt-statistics/",
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