return2ozma@lemmy.world to News@lemmy.world · 10 months agoAmericans Are Falling Behind on Their Car Paymentswww.fool.comexternal-linkmessage-square170fedilinkarrow-up1319arrow-down117
arrow-up1302arrow-down1external-linkAmericans Are Falling Behind on Their Car Paymentswww.fool.comreturn2ozma@lemmy.world to News@lemmy.world · 10 months agomessage-square170fedilink
minus-squareMaggoty@lemmy.worldlinkfedilinkarrow-up8·edit-210 months agoA used car in the US will run you 10k easily. And that’s just for the oldest stuff they’re willing to sell instead of junk. In a country where people have trouble scraping together an extra few hundred dollars for an emergency expense, that’s going to hurt. And it’s not like you can just not have a car. In most of the country having a car is pretty much a requirement.
minus-squaremightyfoolish@lemmy.worldlinkfedilinkarrow-up6·10 months agoVery true. The days of cheap beaters are gone. A car from 2009 can cost $10000 it it just looks decent.
A used car in the US will run you 10k easily. And that’s just for the oldest stuff they’re willing to sell instead of junk.
In a country where people have trouble scraping together an extra few hundred dollars for an emergency expense, that’s going to hurt.
And it’s not like you can just not have a car. In most of the country having a car is pretty much a requirement.
Very true. The days of cheap beaters are gone. A car from 2009 can cost $10000 it it just looks decent.