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>With stagnant wages, economically crippled younger generations, etc is ~$700/month in car payments [1] plus operating costs sustainable? This is like the most
by Enginerrrd 3y ago
>With stagnant wages, economically crippled younger generations, etc is ~$700/month in car payments [1] plus operating costs sustainable?
This is like the most ridiculous example of unaffordability you could have cooked up. When I was young and poor, I bought a used 17-year old honda accord for $1000 and drove it around for nearly a decade. It worked fine. So yeah, a $700 car payment would have been absurd, but... I never subjected myself to that artificial constraint.