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“Not servicing loan payments, actually buying cars”. The average family isn’t but a whole new (used, but new to them) car every month. The percentage of people
by wbsss4412 5y ago
“Not servicing loan payments, actually buying cars”.
The average family isn’t but a whole new (used, but new to them) car every month. The percentage of people actually buying cars right now is a small fraction of the population. For everyone else, the price they bought their car was set when they bought it, and inflation has no affect on their loan payments.