newolddude
Well-Known Member
We’ve built these massive sprawling cities where car ownership is required because nothing is walkable and public transportation is a dirty socialist concept.
www.autoblog.com
Car repossessions on the rise, as average price hits $47,000 | Autoblog - Autoblog
Rising car prices, the decline of pandemic benefits, and a tough economy are all contributing to what could become a financial crisis.

According to Kelley Blue Book, the average price of a new vehicle rose 13.5% year over year to $47,148 in May. Combined with record-high monthly payments, it’s easy to start piecing together the story. Edmunds data showed that a whopping 12.7% of new car buyers are on the hook for payments of $1,000 or more per month.