Cars are ridiculously expensive. And due to that people are getting 7 year loans. So 500.00 for 7 years of not more. Then you have people not making a decent wage and you have a disaster happening. I about blew a gasket when I paid 20K for my 2011 car. I hadn’t bought a new car in 14 years prior. My next car will be in 2025 or so. I hear the car companies are charging 40 grand for a car. Ridiculous!
My 2016 escape is the last car I buy off a dealer lot. Will have paid 24k over 6 years for the bloody thing. Now I have enough cars where I do not have to work on one all weekend to keep one running for the week, as was the case when I got the escape.