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Another item in the list of “only exists because ZIRP”. My 2020 auto loan is nearly 0%. Today, the rates are 5-6% if you have good credit. That’s almost another
by darth_avocado 3y ago
Another item in the list of “only exists because ZIRP”. My 2020 auto loan is nearly 0%. Today, the rates are 5-6% if you have good credit. That’s almost another 10-20k added on top considering the average auto loan length has gone to almost 70 months. Not a lot of people can afford that.