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As a bike rider, I forget this is a thing. Asked my neighbor, he pays $350/month in insurance alone π
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this post was submitted on 29 Oct 2024
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This is for insurance, not the cost of buying the car. Yes some people do need cars because of their situation and the majority of people here can recognise that but to pay so much just for fucking insurance!
Oh, that's odd, I don't get it. It says average car payment per month, I thought it means it's the monthly loan payment, which is super fine.
$550 is about what I pay ANNUALLY for AC for my 2015 Mondeo.
But yeah, it would be close to $3000 annually if I wanted to lease any new vehicle.
Ah OK, I see what you mean. I thought you were referencing the title of the post as it mentions that his neighbour is paying x amount per month for insurance but you are right the image accompanying the post does say average car payment which would referring to paying for the actual car.
We were both concentrating on different parts of the post! You were right if referring to the image text, sorry.
This is what I love about Lemmy. People being able to realise they made a mistake.
If this is just insurance then it is straight up wrong. The national average is like $200/m.
As I said in another reply I wasn't mistaken and referring to the post title which was talking about insurance where as the image itself was referring to "car repayments". That was my mistake.