A Boring Dystopia

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$1,000 car loan payments are on the rise, stressing household budgets (www.cnn.com)

submitted 1 day ago by return2ozma@lemmy.world to c/aboringdystopia@lemmy.world

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[–] WoodScientist@lemmy.world 3 points 1 day ago

Seriously. Last September we had to replace our old 2007 Corolla that got totaled after someone drove out in front of us. We were the only owners of the 2007 Corolla. We owned it from new to dust. We shipped around a bunch, considering various new and used options. We eneded up buying...a brand new 2025 Corolla.

The cost of this vehicle? About $24k. We ran the numbers on it, and that's actually less, adjusted for inflation, than we paid for the 2007 one.

Affordable cars still exist. You just have to be content with owning less car.