yeah with those ridiculous loans a car becomes dramatically more expensive while appearing to be affordable. It's very triggering to me when I ask a salesman about the price of a car and they reply with "what do you want your monthly payment to be?". Interest rates and those long term auto loans are just gas on the debt fire.
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yeah with those ridiculous loans a car becomes dramatically more expensive while appearing to be affordable. It's very triggering to me when I ask a salesman about the price of a car and they reply with "what do you want your monthly payment to be?". Interest rates and those long term auto loans are just gas on the debt fire.
And I imagine most measure affordability by that payment rather than the total price.