laurenceOfSuburbia@lemmy.world to memes@lemmy.world · 19 hours agoThe used car market todaylemmy.worldimagemessage-square124fedilinkarrow-up1604arrow-down18
arrow-up1596arrow-down1imageThe used car market todaylemmy.worldlaurenceOfSuburbia@lemmy.world to memes@lemmy.world · 19 hours agomessage-square124fedilink
minus-squareTrackinDaKraken@lemmy.worldlinkfedilinkEnglisharrow-up17·18 hours agoI haven’t bought a car in almost 10 years. But, there’s this guy saying he has a lot full of used cars, $2500 to $4000. And, he says people are calling to ask if they can finance that small amount, whereas they used to just pay cash: https://youtu.be/mdOOAxf7Cb4
minus-squareProprietary_Blend@lemmy.worldlinkfedilinkarrow-up7arrow-down3·17 hours ago“small amount”. Ok Elon
minus-squareblackberry28@sh.itjust.workslinkfedilinkarrow-up20·16 hours agoIn the context of prices of cars it is indeed a rather small amount.
minus-squareatomicbocks@sh.itjust.workslinkfedilinkEnglisharrow-up1·15 hours agoAnd yet it’s still 2 months of median income in the US.
minus-squarekkj@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·4 hours agoThe median income for an individual in the US is $3761/month.
minus-squareBlaestEgnen@feddit.dklinkfedilinkarrow-up1·1 hour agoMost people are digitally paid, so they can’t avoid taxes
minus-squareTja@programming.devlinkfedilinkarrow-up4arrow-down1·10 hours agoWhich should be well withing an emergency fund for when, for instance, your car breaks down.
I haven’t bought a car in almost 10 years. But, there’s this guy saying he has a lot full of used cars, $2500 to $4000. And, he says people are calling to ask if they can finance that small amount, whereas they used to just pay cash:
https://youtu.be/mdOOAxf7Cb4
“small amount”. Ok Elon
In the context of prices of cars it is indeed a rather small amount.
And yet it’s still 2 months of median income in the US.
The median income for an individual in the US is $3761/month.
Most people are digitally paid, so they can’t avoid taxes
Which should be well withing an emergency fund for when, for instance, your car breaks down.