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As a bike rider, I forget this is a thing. Asked my neighbor, he pays $350/month in insurance alone ๐
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this post was submitted on 29 Oct 2024
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The hell are these people driving? I pay $240/mo for a goddamn Lexus.
You pay $240/mo for a new Lexus? What was that? 12 years financing? Or did you pay most of the cost upfront?
I didn't buy it new, it had 70k miles. But there's people itt talking about how their used car payments are 2-3x that
That makes a lot more sense! Tbh Iโm not surprised people are paying that much considering how used cars have been extra expensive the past few years. Couple that with high interest rates and you get large payments. Some people have 10% interest or more, guaranteed.
I guess I bought at the right time. It was during covid inflation but it may have gotten worse since then