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This has more numbers: https://www.lendingtree.com/auto/debt-statistics/ https://www.lendingtree.com/auto/debt-statistics/ The main pattern is that people are

This has more numbers: https://www.lendingtree.com/auto/debt-statistics/ https://www.lendingtree.com/auto/debt-statistics/ The main pattern is that people are paying a lot for cars. Looks like a lot of 6 year+ loans in the new market.

jeffbee 1y ago
Imagine having a credit score of 300 and a $542/mo loan payment on a used car. Cursed. Americans need buses more than ever.
- Izikiel43 1y ago
  I live in a city with lots of buses, they are great. The problem is that they are neuropsychiatric units on wheels, there is always some crazy person being clinically crazy (like talking to imaginary friends), so that makes the whole ride something you don't want to experience often if possible.
  - jeffbee 1y ago
    Eh, that discourse is usually being advanced by people who never ride the bus, don't intend to start riding it, and have a personal interest in selling you a car. In real transit preference surveys, and historical outcomes, it is clear that people would ride a bus that goes to their destinations, comes often and reliably, and is reasonably priced, without regard to how many mental cases are aboard. So if a transit agency faces a choice of spending limited resources on policing the inside of the vehicle for lunatics, or adding a bus to the schedule, they should always choose the latter.
    - baggy_trough 1y ago
      “it is clear that people would ride a bus that goes to their destinations, comes often and reliably, and is reasonably priced, without regard to how many mental cases are aboard” If you believe this, it would be cause to doubt your sanity.
    - Izikiel43 1y ago
      I'm from a 3rd world country who rode the bus everyday to everywhere. Me and my wife don't feel safe riding the bus in the West Coast of the USA.
  - acdha 1y ago
    We take the bus all of the time here in DC. I’ve literally never once encountered someone like that. I’ve been panhandled a couple of times (in as many decades) and there’ve been a few people yelling at each other, but they left everyone alone. On the driving front, though, I’ve had a bunch of people with anger management issues threaten to kill me and the only times in my adult life that I’ve credibly been threatened with a fistfight were by people driving who resented being expected to stop for pedestrians in the crosswalk. The bus crowd is a lot more chill.
    - Izikiel43 1y ago
      > We take the bus all of the time here in DC. Right, now try the same in Seattle and take a bus going to 3rd avenue in Downtown. I've also tried it in SF, it's not nice.
- kulahan 1y ago
  Does anyone else hate busses, and the only response you ever get after mentioning this is "NUH UH BUSSES CAN BE GREAT"? A bus will pretty much always be inferior to a car. Mathematically impossible to run on time. It never gets you where you want to go, just kinda close usually. If one doesn't show up, there is no real feedback without an extensive background metadata system. Never as clean as your own car (unless you're one of those carbage-loving people I suppose, but then you're just going to litter on the bus anyways). Obnoxious, loud, smelly, or crazy people you have to deal with. I'll never understand the crowd so desperate to have them, but I'll still support the cause if it cleans up the highways for me I guess.
  - jeffbee 1y ago
    Nobody denies that if we all chip in to build a door-to-door freeway and free parking for you it will be cool for you. The question is whether we have better things to do with our money.
    - kulahan 1y ago
      Than spending it upending the entire transportation infrastructure when we have much more pressing problems? Then I agree. If you think buying a whole bunch of busses is going to solve some major problem... I have a bridge to add to your purchase.
  - hamdingers 1y ago
    > A bus will pretty much always be inferior to a car. I never have to clean a bus, or put gas in it, or change its oil. I don't even have to drive it. I don't have to dedicate a big portion of my property to storing it, just to pay to park it somewhere else when I go out. I'll never get a ticket for leaving it in the wrong place, and I'll never have to go to court because I used it wrong. I don't have to worry about it getting stolen, or crashed into. I don't have to worry about being unable to afford the insurance or registration. I don't have any wealth tied up in it, so its deprecation doesn't matter. Having to walk a few minutes at the start and end of my journey is a small price to pay for such convenience. And if I ever do need one, I can rent one for less than the average American's monthly payment. In fact, I can rent the exact one I need that day, which might be a pickup today but a minivan tomorrow.

jeffbee 1y ago

Imagine having a credit score of 300 and a $542/mo loan payment on a used car. Cursed. Americans need buses more than ever.

Izikiel43 1y ago
I live in a city with lots of buses, they are great. The problem is that they are neuropsychiatric units on wheels, there is always some crazy person being clinically crazy (like talking to imaginary friends), so that makes the whole ride something you don't want to experience often if possible.
- jeffbee 1y ago
  Eh, that discourse is usually being advanced by people who never ride the bus, don't intend to start riding it, and have a personal interest in selling you a car. In real transit preference surveys, and historical outcomes, it is clear that people would ride a bus that goes to their destinations, comes often and reliably, and is reasonably priced, without regard to how many mental cases are aboard. So if a transit agency faces a choice of spending limited resources on policing the inside of the vehicle for lunatics, or adding a bus to the schedule, they should always choose the latter.
  - baggy_trough 1y ago
    “it is clear that people would ride a bus that goes to their destinations, comes often and reliably, and is reasonably priced, without regard to how many mental cases are aboard” If you believe this, it would be cause to doubt your sanity.
  - Izikiel43 1y ago
    I'm from a 3rd world country who rode the bus everyday to everywhere. Me and my wife don't feel safe riding the bus in the West Coast of the USA.
- acdha 1y ago
  We take the bus all of the time here in DC. I’ve literally never once encountered someone like that. I’ve been panhandled a couple of times (in as many decades) and there’ve been a few people yelling at each other, but they left everyone alone. On the driving front, though, I’ve had a bunch of people with anger management issues threaten to kill me and the only times in my adult life that I’ve credibly been threatened with a fistfight were by people driving who resented being expected to stop for pedestrians in the crosswalk. The bus crowd is a lot more chill.
  - Izikiel43 1y ago
    > We take the bus all of the time here in DC. Right, now try the same in Seattle and take a bus going to 3rd avenue in Downtown. I've also tried it in SF, it's not nice.
kulahan 1y ago
Does anyone else hate busses, and the only response you ever get after mentioning this is "NUH UH BUSSES CAN BE GREAT"? A bus will pretty much always be inferior to a car. Mathematically impossible to run on time. It never gets you where you want to go, just kinda close usually. If one doesn't show up, there is no real feedback without an extensive background metadata system. Never as clean as your own car (unless you're one of those carbage-loving people I suppose, but then you're just going to litter on the bus anyways). Obnoxious, loud, smelly, or crazy people you have to deal with. I'll never understand the crowd so desperate to have them, but I'll still support the cause if it cleans up the highways for me I guess.
- jeffbee 1y ago
  Nobody denies that if we all chip in to build a door-to-door freeway and free parking for you it will be cool for you. The question is whether we have better things to do with our money.
  - kulahan 1y ago
    Than spending it upending the entire transportation infrastructure when we have much more pressing problems? Then I agree. If you think buying a whole bunch of busses is going to solve some major problem... I have a bridge to add to your purchase.
- hamdingers 1y ago
  > A bus will pretty much always be inferior to a car. I never have to clean a bus, or put gas in it, or change its oil. I don't even have to drive it. I don't have to dedicate a big portion of my property to storing it, just to pay to park it somewhere else when I go out. I'll never get a ticket for leaving it in the wrong place, and I'll never have to go to court because I used it wrong. I don't have to worry about it getting stolen, or crashed into. I don't have to worry about being unable to afford the insurance or registration. I don't have any wealth tied up in it, so its deprecation doesn't matter. Having to walk a few minutes at the start and end of my journey is a small price to pay for such convenience. And if I ever do need one, I can rent one for less than the average American's monthly payment. In fact, I can rent the exact one I need that day, which might be a pickup today but a minivan tomorrow.