laurenceOfSuburbia@lemmy.world to memes@lemmy.world · 1 day agoThe used car market todaylemmy.worldimagemessage-square132linkfedilinkarrow-up1650arrow-down18
arrow-up1642arrow-down1imageThe used car market todaylemmy.worldlaurenceOfSuburbia@lemmy.world to memes@lemmy.world · 1 day agomessage-square132linkfedilink
minus-squareTrackinDaKraken@lemmy.worldlinkfedilinkEnglisharrow-up18·24 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-down3·22 hours ago“small amount”. Ok Elon
minus-squareblackberry28@sh.itjust.workslinkfedilinkarrow-up21·21 hours agoIn the context of prices of cars it is indeed a rather small amount.
minus-squareatomicbocks@sh.itjust.workslinkfedilinkEnglisharrow-up1·20 hours agoAnd yet it’s still 2 months of median income in the US.
minus-squarekkj@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·9 hours agoThe median income for an individual in the US is $3761/month.
minus-squareatomicbocks@sh.itjust.workslinkfedilinkEnglisharrow-up1·5 hours agoThat’s far higher than the $35,500/yr I found in census info, where did you get that number?
minus-squareBlaestEgnen@feddit.dklinkfedilinkarrow-up1·6 hours agoMost people are digitally paid, so they can’t avoid taxes
minus-squareTja@programming.devlinkfedilinkarrow-up5arrow-down1·15 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.
That’s far higher than the $35,500/yr I found in census info, where did you get that number?
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.