you are viewing a single comment's thread
view the rest of the comments
[–] 22 points 3 weeks ago (1 child)

I haven't bought a car in almost 10 years. But, there's this guy saying he has a lot full of used cars, $2500 to $4000. And, he says people are calling to ask if they can finance that small amount, whereas they used to just pay cash:

https://youtu.be/mdOOAxf7Cb4

  • source
  • hideshow 2 child comments
  • [–] 3 points 3 weeks ago (1 child)
  • [–] 25 points 3 weeks ago (1 child)

    In the context of prices of cars it is indeed a rather small amount.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 1 point 3 weeks ago (2 children)

    And yet it’s still 2 months of median income in the US.

  • source
  • parent
  • hideshow 4 child comments
  • [–] 2 points 3 weeks ago* (last edited 3 weeks ago) (2 children)

    The median income for an individual in the US is $3761 $4280/month.

  • source
  • parent
  • hideshow 4 child comments
  • [–] 1 point 3 weeks ago (1 child)

    That’s far higher than the $35,500/yr I found in census info, where did you get that number?

  • source
  • parent
  • hideshow 2 child comments