More Than 80 Percent Of Americans Can’t Afford New Cars
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
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Out of curiosity I went looking to see what the 2023 price is for my car and I'm really scared of how I'd afford a new one. After having two used cars turn into death traps I'm not interested in used cars. Even used cars are expensive now too.
This is why I really hope we prioritize public transit as much as possible. Cars are insanely expensive, and if we spent a fraction of that money on public transit it could be awesome. I don’t want people like you to end up in a situation where your car breaks down and you can’t get around and can’t afford to fix it / get a new one. That’s really scary :(. Having good public transit infrastructure is an important social safety net.