Many Drivers Are Paying Over $1000 Per Month For A CarClement Waterfall July 7, 2022
If the price of new vehicles shocks you these days — wait until your hear about the cost of monthly payments. The number of folks paying $1000+ a month is at a record high according to Edmunds, based on June data. The average amount financed for a new vehicle in the second quarter? At a near record – just topping the $40,000 mark.
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