I was shocked when I first learned that people were making 7 year car loans, now someone tells me that there are 10 year car loans.
You look around here and you see tons of under 30’s driving $50,000 cars (Audis, BMW, Mercedez, Land Rovers) . Truly amazing.
We have been “new” car shopping lately. I am floored at the prices of pickups. I saw one that was $599 a month ($600).
I pay $900 for a mortgage. That is another mortgage.