#car-affordability

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fromFortune
6 days ago

The average American car payment is now $680 a month - and millions can't keep up | Fortune

Roughly one in four Americans are paying off auto debt, according to a report published Wednesday by the Century Foundation, a progressive think tank, and are overall on the hook for a record $1.68 trillion in car loans or outstanding payments. Those figures out auto loans on par with all outstanding federal student loan debt($1.69 trillion of federal debt and $1.84 trillion total) and ahead of credit card balances ($1.28 trillion outstanding as of last year).
Cars
Cars
fromwww.nytimes.com
1 month ago

Opinion | The Affordable Car Is Dead. What Happened?

The affordability of cars has drastically declined, making ownership a financial burden for many Americans.
Cars
frominsideevs.com
6 months ago

Turo's Solution To Ultra-High Car Prices: Rent One For A Year

Turo offers long-term car rentals up to one year to provide flexible vehicle access and reduce ownership costs for drivers while earning owners income.
Cars
fromInsideEVs
10 months ago

The Best Affordable Electric Cars In 2025: Cheap, Reliable Options For Everyone

Affordable electric vehicle options exist, with prices starting as low as $22,000.
Podcast
fromInsideEVs
11 months ago

We Drove The $8,000 BYD Seagull. When Do We Get Cheap EVs This Good?

Current economic conditions are squeezing Americans financially, especially concerning car affordability.
China's BYD Seagull presents an example of an affordable, dignified small car in the current market.
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