Who are these people? Can they really afford this or are they stretching themselves extremely thin? $1,000 most most people is pretty steep for a fucking car. Is everyone buying expensive cars or what?

>>28508321 (OP)
I don't care, I make money off of them.

i took on a 1k car payment back in 2021 when i was able to get a rate that was lower than the (at the time) crazy high inflation. but then inflation came back down so i made a big payment to principal and then added another 1k to my monthly payments until it was paid off. i guess that would be pretty steep for most people but like your image shows, most people (80%) aren't doing that. the 20% that are are likely making enough money to not notice it too much.

>>28508321 (OP)
for years I was putting 1k away from my paycheck every month for savings. then I used it for the down payment on a house and most of that 1k spare gets eaten up by my mortgage.
but if I'd had different financial priorities I could still be renting and have a much newer snazzier car. I don't even make 6 figures so I don't think it's all that hard for your average person to decide to have a 1k car payment.

>>28509549
Why is #7 jewish?

>>28508321 (OP)
>Fourty fucking grand
>For the worst built vehicles since the chevy vega
Good god. I'd rather have a vega, at least I'd control the damn thing. I could buy 4 really nice low-mile vegas for that too. Could drive one while the other 3 get head gaskets and rust repair and I'd still come out on top.
FUCK

>>28508321 (OP)
I feel dumb having a $550 A Month 36month car payment with a $120,000yr gross wage.

>>28509632
okay, mr ramsey

>>28509775
It's stupid.
$550 a month would get me a lot of investment gains over 3yrs.

>>28509935
yes, you should sit in a bare room eating rice and beans, putting every nickel you have into bitcoin. do that for 10 years and let us all know how that works out.

>>28509987
I did that for about 3 years and I managed to buy my own house. Even though I only made $15.75 an hour at the time.
Now rent Cucks can't get anything under $3,000 a month. Meanwhile I pay $900 for rent for a house in a good area of town.(White)

>>28510075
>I managed to buy my own house
>I pay $900 for rent for a house

>>28510075
I started doing that in college when bitcoin went over 20k the first time and then it dropped below 10k. I feel really stupid now that its like 100k, even though objectively speaking, it was like doing the right thing for the wrong reasons. I didnt really understand bitcoin at the time and still kind of don't.

>>28510135
Then sold it*
And doing the right thing was to invest in it, but the wrong reason being that I didnt do it because I understood the value, I was just greedy.
Sorry for the confusing post, I hit send too early.

>>28510075
>managed to buy my own house
>pay $900 for rent
Pick one.

>>28509580
Because society is mentally becoming jew as the unaware normies continue to allow money to control them.

>>28510142
take your seroquel

>>28508321 (OP)
Why are people freaking out this? It's 12k a year, and only 20% of new car buyers are doing this, not total.

>>28510200
What's your monthly payment debtslave?

>>28508321 (OP)
Why are people freaking out about this? It's only 20% of new car buyers paying 12k+ a year. If you can't afford that you shouldn't be buying new.

>>28510125
>>28510140
Houses here were cheap and I put down a big down payment.(About 35%)
Then got my brother to live with me as a roommate.
2.9% interest.
Smidge over $900 a month.
Feels good

>>28508321 (OP)
The average powertrain warranty is 5 yr (60 month) or 60,000 miles. I listened to a guy talk about how car manufacturers want to get rid of the concept of a 3rd owner. Basically someone buys (or leases) a new car and trades it in around the end of the warranty period to get another new car. The second owner buys the traded in car and runs it to 100,000 miles when the car becomes junk amd has to buy another trade in. That's why cars are barely making past warranty periods the last 5 years or so.
I'm not sure how these new car buyers are going to afford two years worth of negative equity though with each new purchase. The system is completely out of whack.

>>28508321 (OP)
They are too helpless to wrench which is a major fucking defect.

>>28509590
Vegas had defective bores but they make great hot rods so that's what happened to the few that survived.

>>28510240
>I'm not sure how these new car buyers are going to afford two years worth of negative equity though with each new purchase.
They don't give a fuck, all that matters is line goes up today, we'll see about tomorrow. It's basically a continuation of 2008.

Real talk, why do you care what other people do with their money? Not everyone is making 50k/yr, you can easily afford 1k/month at middle class wages of 100k+

>>28510235
And this is the mindset of jew I was talking about.
>>28510142

>>28510703
This. But with everything, not just houses and irresponsible leading (usury)

>>28511624
*Lending

>>28510712
^this^
Not my money not my problem.

>>28511626
Money is like a vote. A vote that can give any one power, and most of the power is controlled by others even though you also hold a dollar. When normies do stupid things on mass, the market adjusts to what level of retardation seems acceptable.

>>28511629
If that was the case we'd only have Truggs as options for vehicles

>>28511649
No, because it's not only one vote, it's as many as you can literally buy. and truggs have limited uses. As do all things.

>>28508321 (OP)
If they can afford it then what exactly is the problem here? 1k each month is nothing for high COL areas since they all make 100K+. It really depends on where you live, and what the average income for that area is.

>>28511649
Well, small cars are basically extinct in America and dying out in Europe, aren't they?

>>28511629
This is the greatest argument against capitalism I've seen in my entire life

>>28511629
you can still buy a $21k car with 15k down. no one is going to stop you

>>28511714
It's not "nothing" even if you make 100K

For example, if you live in a HCOL area like Californicate, 100K post-tax is ~60K. That's 4K monthly. 1K is a quarter of all your money. Probably have a 3K mortgage. That doesn't even leave money for food, insurance, bills. Don't forget Ameritards are spending 1K a month on Netdix subshittions and Starfucks coffees and other nonsense.

In 2025, 100K is the new minimum income level to have a basic life in America. This is why women expect men to make six figgaz minimum now, they unconsciously known this on an intuitive level.

>>28510237
A mortgage isn't "rent"

>>28510712
>ebonics

>>28511649
We already only have eps-clad beancounter old-man-appeasing MOBSTER TRUCKS as options what are you talking about

>>28512260
People being retarded truly is the best argument against capitalism

>>28513137
Supposed to be MONSTER TRUCKS, MOBSTER cars are cool as fuck

>>28510240
You are missing that auto loans are cheaper and subsidized for newer cars. I always bought my shit cash and found this out when financing a car for the lady. Still shopped around and ended up with loan 1.5% below average market

HA! Suckers!
my payment is only $923/mo

$1000 before insurance? Insurance is probably about the same. People are really spending a raw $24k a year to drive these vehicles. No wonder they're poor as fuck.

>>28513144
then why does your rental there have a taller suspension than a locomotive?

>>28513549
i guess if 24k a year is a lot to you.

>>28508321 (OP)
I think people have realized that homes are unobtainable so they're shifting to buying higher end cars.

>>28513592
24k a year to drive a bar of soap kia shitbox is a lot for 90% of the population.
Honestly, I feel bad for normies.

>>28513549
how often are you crashing your car that insurance is 1000 a month?

>>28510200
A jew pushing pharmaceuticals, how original.

>>28509935
Those investment gains are why the loans are so high.

>>28513695
90% of the population does not have a 1k car payment so what's your point.

>>28513700
>nigger steals some jeet's RAV4
>repeat 10x
>get call from usurance company
>>HELLO GOY... I MEAN VALUED CUSTOMER. OUR- ER.. SOME ASTROSCIENTIST NEUROSURGEONS KEEP STEALING CARS IN YOUR CITY SO YOU HAVE TO PAY $1000 A MONTH FOR YOUR KIA OKAY

>>28509632
im in a similar boat. $117k gross and i drive a used car i own outright. people are subhuman cattle.

>>28510712
the behavior of retards impacts the lives of the sensible few. retards with massive lines of credit go into massive amounts of debt for cars, homes, cellphones, goyslop, etc. and it drives up the price for everyone else.

>>28508321 (OP)
Good, more for me on the secondary market

>>28508321 (OP)
USA is on a track to look like Brazil in our lifetimes. I suspect we are going to see a growing number of people using scooters to get around.

>>28511629
It's 2025 just build your own car.

>>28509632
>>28514731
yea, I make $90k/yr and bought my MR2 Turbo outright for $15k cash. id kms if I was paying $500/mo+ to drive some corolla around

>>28510712
>easily afford 1k/month at middle class wages of 100k+
For a mortgage payment. For a vehicle? Insanity.

>>28516010
If your mortgage is $1k/month you live in a shithole.

>>28510125
4 bed house $940/month
Also $700 to the state and insurance for house loicense

i don't know,but they make me feel better about my 2007 impala LT,at least i'm free (and have bench seats)

>>28508321 (OP)
My monthly payment is $150 but my monthly repair bill is $2,000.

>>28510140
NTA but he made a Freudian slip.

MORTGAGE IS RENT BY ANOTHER NAME.

>>28508321 (OP)
As our GDP increases, our monthly affordability increases

>>28513556
>ebonics
You don't even have a car bmaooo

>>28515856
Kek you're literally driving a faggy corolla bmaooo

>>28508321 (OP)
Biggest black pill I have IRL is realizing I should buy a mid weight sub 10k bike because I can only afford that reasonably unlike buying a sub 40k car on my nearly 80k salary. I hate the housing market for making this a thing.

>>28516551
I have had similar thoughts but i have to take the highway to work and a 400# bike passing semis sounds terrible

>>28516621
>400
500cc at least, most likely 650cc.

>>28513556
kek, you know why.

>>28508321 (OP)
If repo guys seize someone's car when say they've paid $5000 into it but still have like $40K to go and have missed payments for several months, how does that work? Is there something in the contract where if you miss payments you forfeit equity?

>>28508321 (OP)
I see a lot of top trim levels cars around. The manufacturers don't make very many low trim level options to force buyers into paying for a bunch of shit they don't actually want/need. This can up the monthly payment by a lot, trim level bullshit usually runs the bill up 5-10k minimum. Dealers are not giving deals anymore either, they want above sticker price. Just buy used, I got 10k off my car by buying used and it's only 2 years old.

>>28517500
>retarded hypocrite thinks any car that isn't lowered is a MONSTER TRUCK
Not my fault STRAIGHT 6 E39s on M-Sport suspension are perfect out of the box while you riced out a fucking civic bmaooo

>>28520190
>>28520134
Are these bots? bmaooo0o0o0o

>>28520212
why did you modify it then?

>>28516498
it's closer to leasing with a forced buy clause

>>28509549
kek

>>28523273
Don’t reply to that nigger all he does is shit up threads. Any time you see monster truck bmaooo just ignore.