walkerjason+FollowCar Payments Are the New Mortgage?!When did buying a car start feeling like signing up for a mortgage? The average car payment is now over $750 a month, and to keep those payments “affordable,” lenders are rolling out loans that last up to 100 months. That’s almost a decade of payments—sometimes longer than the car will even last! Instead of prices dropping, we’re just stretching out the debt. Would you sign up for a 100-month car loan? #Cars #CarLoans #AutoFinance00Share
dalemiller+FollowCar Payments Are Basically Mortgages NowCar payments are getting wild—some people are signing up for 100-month loans just to afford a ride! The average new car payment is now $748 a month, and even used cars are over $500 monthly with crazy-high interest rates. Stretching loans out longer might lower your monthly bill, but you’ll end up paying way more in the long run. Is owning a car even worth it anymore? #Cars #CarLoans #AutoFinance233Share
