• TriplePlaid@lemmy.zip
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    1 day ago

    Even with a car payment being $750/month, that’s a pretty fancy car from my perspective - and represents the average car payment for a new car.

    I think that these folks could keep up with expenses much more easily if a few minor compromises were made (namely, a cheaper car).

    • mechoman444@lemmy.world
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      1 day ago

      I drive 35 to 40k miles a year for my job. I only get new because I’d rather pay and have a driving car than pay and have one in the shop for the same price.

      My car was 40 and full electric so I don’t have to buy gas and my fiance’s car was 25k. Those two car payments and and insurance we pay around 1500 a month.

      But it’s not the cars that’s a problem. I choose that luxury. Be it for practicality or showing off. What I don’t choose is to live ina 600 squarefoot Apartment for a thousand dollars more than it should be. Or daycare for 250 a WEEK!

      Even if I lowered the price of the card for 500 a month, 800 a months it wouldn’t help.