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Hacker News@derp.fooEnglish · 3 years ago

More Than 80 Percent of Americans Can't Afford New Cars

cross-posted to:
technology@lemmy.world

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More Than 80 Percent of Americans Can't Afford New Cars

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Hacker News@derp.fooEnglish · 3 years ago

cross-posted to:
technology@lemmy.world

More Than 80 Percent Of Americans Can’t Afford New Cars

Experts say you should earn $100K before buying a new car so you don’t spend more than ten percent of your monthly income on payments

There is a discussion on Hacker News, but feel free to comment here as well.

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lemmyingly@lemm.ee
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3 years ago
That’s true for any product as a percentage of its RRP. Why would anyone buy a used product for the price of new.

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