3 ms·
> The vast majority of Americans are driving cars they can't afford. How do you define whether someone can “afford” a car? Surely by definition the people can
by 88 5y ago
> The vast majority of Americans are driving cars they can't afford.
How do you define whether someone can “afford” a car? Surely by definition the people can afford the cars, otherwise they would be repossessed?
If you mean they cannot afford to buy the cars outright, why is that an issue?
- nojito 5y agoJust because you don't lose your house doesn't necessarily mean you can afford to keep it. At a certain % of income, owning an asset doesn't make much sense due to how it affects your financial security.