95 Vol Alum
Go Big Vols!
- Joined
- Jan 16, 2010
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A growing share of people are paying much more. A record 12.7% of new-car buyers who signed up for a loan in June have a monthly payment of at least $1,000, according to Edmunds. That share is up from roughly 7% a year earlier, 5% in June 2019 and 2% in June 2010.
The $1,000 Car-Loan Payment: Higher Prices, Interest Rates Push Up Monthly Costs
Seems insane to me. Over 10% are getting a $1000 car payment.
There are a lot of folks out there that value specific cars much more highly than myself but that’s from a guy who’s never made a car payment.The $1,000 Car-Loan Payment: Higher Prices, Interest Rates Push Up Monthly Costs
Seems insane to me. Over 10% are getting a $1000 car payment.
84. Though I had a customer who brought a pre approval for 96 months.@YankeeVol what’s the longest term length you’ve done? When I was selling, 75 was as long as we would do.
Personally I want to keep it 60 or fewer. I’d love to do a 48 or 36 at some point.