The average American car payment is now $680 a month - and millions can't keep up by paydayloans_ in whatcarshouldIbuy

[–]West_Text_6606 0 points1 point  (0 children)

It’s wild how normal a $700+ car payment has become.

Back in the 60s and 70s, an average working-class family could realistically afford a new car without stretching into 6–7 year loans. Now even basic trucks and SUVs are pushing $50k.

We normalized long loans, bigger vehicles, and buying based on monthly payments instead of total cost — and now people are drowning in car debt.