$1,000 car loan payments are on the rise, stressing household budgets

www.cnn.com

$1,000 car loan payments are on the rise, stressing household budgets

www.cnn.com

return2ozma@lemmy.worldBanned from community to

News@lemmy.world · 1 month ago

$1,000 car loan payments are on the rise, stressing household budgets | CNN Business

www.cnn.com

Record-high car prices coupled with high interest rates are leading to huge monthly car payments for many Americans.

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I’m here welding a patch onto the chassis rail of my almost-60-year-old shit box. I can’t imagine spending a mortgage payment a month on a car.

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