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Truck purchases are driving up the average cost of car payments. Some buyers pay over $1,000 a month (www.nbcnews.com)

submitted 1 year ago by deconstruct@lemmy.world to c/personalfinance@lemmy.ml

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More than 1 in 4 car shoppers in Texas and Wyoming have committed to paying more than $1,000 a month, and experts say it is due to the high volume of large truck purchases in those states, according to a report by auto site Edmunds.

More than 1 in 5 shoppers in seven other states — Colorado, Kansas, Louisiana, Montana, Nebraska, North Dakota and Utah — are also forking over more than $1,000 for their vehicles each month.

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[–] ShittyRedditWasBetter@lemmy.world 0 points 1 year ago

As they ignored reality https://www.motorbiscuit.com/ford-f-150-most-popular-car-rich-americans-making-200k-dollars/

Hyperbole and literary devices aren't really helpful or clever when you ignore that the owners are quite wealthy.