Tuesday, 11 November 2025

15 Year or 180 Month Car Loans

 Apparently, the gov't will review the idea.

I paused here....wondering what car could possibly last that long. 

My wife's Audi TT....might. 

Anything American made?  No.

Once we got to the level of $75k for a new car....the system was broke.

1 comment:

LargeMarge said...

Let's say I am interested in a vehicle with an asking-price of 180,000 fedbux.
Let's say I get approved for a 180-month loan.
Just off the top of my head, that sounds like a monthly payment of slightly more than a grand a month... including that 'interest' stuff the adults like to discuss.
.
We are seriously going to have to raise the minimum wage to -- I'm no economist, so I can only guess here -- more.